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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: blake_paterson who wrote (63221)12/20/2000 10:50:11 AM
From: jetcityrandy  Read Replies (1) | Respond to of 93625
 
That leverage is a wonderful thing when you choose the right direction, but just have an off day, and things can get ugly REALLY really fast.

Can I inquire why you chose such a "distant" OTM option for May? Seems to me that a strike price of forty to fifty might be more realistic. Though with the Bu$, ANYTHING can happen!

Good luck to all



To: blake_paterson who wrote (63221)12/20/2000 10:50:42 AM
From: GVTucker  Read Replies (1) | Respond to of 93625
 
Buying out of the money options is never safe.

If your Options Toolkit didn't make that rather clear, ask for a refund.


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