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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?


To: Tim O. who wrote (1493)6/12/2000 8:57:00 PM
From: KFE  Read Replies (2) | Respond to of 2317
 
Tim,

Sold some CEGE Jan20 puts for 5. Taking advantage of the high IV.

Sounds good to me at a break even of 15. The high IV allows several option strategies where it is possible to have a break even point significantly below the current price and the stocks book value. Take advantage of it while it exists.

Regards,

Ken