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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (83783)9/27/2000 11:50:52 AM
From: Dan  Read Replies (1) | Respond to of 132070
 
ikegodsey -Thanks. I decided to sell the Jan 25 naked puts on SWC. It took me almost 2 days to get $2, and that still was not a good price. The spread is huge (35 cents)!

I didn't see an immediate reason to own it. But, the stock is cheap. The P/E is almost half of their potential growth rate. But, currently, I rather own the "Christmas Lies" stocks.

My B.E would be $23 (25-2). At that price, I would love to own it. Or, I make 2% a month.