SI
SI
discoversearch

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 (41131)4/4/2000 6:27:00 PM
From: rudedog  Read Replies (1) | Respond to of 74651
 
lawdog - re: Margin is a bitch.
One of the reasons I never (intentionally) buy on margin, but instead reserve the margin to cover put sales... have never actually had the stock put to me but sooner or later it will happen.

Sold puts today... INTC INQPE apr 125 puts at 9 3/4, sold CSCO CWYPN Apr 70 puts for 7 1/4. Now just have to sweat it out for a couple of weeks.

Bought LEAPs in QCOM (YQOAH at 32 1/2), CSCO (WIVAN 02s at 22 1/4), SUNW (ZKPAD at 18 1/2, WJXAR at 21 1/2), MSFT (ZMFAR at 13 1/2)... opportunities like this don't come every day - or even every year...