Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: lawdog who wrote (40765)	4/3/2000 5:57:00 PM
From: Joseph Pareti	Read Replies (1) \| Respond to of 74651

i might be a newcomer here ... Message 13339815 Message 13340823

To: lawdog who wrote (40765)	4/3/2000 8:39:00 PM
From: rudedog	Read Replies (1) \| Respond to of 74651

lawdog - re: It should be "sell covered calls" not "buying opportunity". You've got it wrong - sell calls when sentiment on the stock is bullish but you think it will range trade or fall - premiums are good and you get to keep them... if you think the stock will range trade up or rise, sell puts. If you think the stock will tank, put your money where your mouth is and buy puts, you could have made millions buying puts a few weeks ago... I bought puts as a hedge against my DELL position in January when I thought they would warn - they did, and I made some money on the puts, but not much because it only dropped 8 points and only stayed down for a few days. If it had gone down further, I would have been able to put the stock at where it was before the fall... that would be the sensible hedge, not selling calls... BTW I am selling puts and buying calls, so I must be nuts.