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.
Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (16800)4/28/2000 11:06:00 AM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
Somebody correct me if I am wrong....TOM - ANYBODY !!

Looking at Nokia and I was glancing thru their calls. While trading at $57, the January 45's were only $18. As I see it, thats a pretty low premium. I can buy the stock for $12 less then current price.....9 months from now, to boot. If I subtract the $12 from the premium of $18, I show a premium of only $6 for Nokia in January. Now, the bottom line of course is with the stock trading at $57, I am agreeing to buy it in January for $45 + $18, or $63. Again, that is only $6 higher then todays current price and I have 9 months to see what the stock will do.

Am I missing something here ??? I bought a couple already, but am considering buying more. The scary thing is only that it almost looks to good to be true. Nokia will always be a big player....heck, I watch all the young kids that work for me all wanting to buy nokia phones, because it is "the cool phone". In any event, Nokia should always be a big player...hopefully buying chips from the Q, but regardless...do those January 45's not look good ?? Somebody tell me what I am missing here.....Nokia, in 9 months, needs to only be about $5 higher from current price for me to break even. I would think in January, we would be closer to $90 or maybe higher.

Thoughts.....anyone???? Everyone ?????