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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: AD who wrote (65115)12/26/2000 11:54:36 PM
From: mlmpro  Read Replies (3) | Respond to of 122087
 
Been following this thread for a while. Just one quick question:

If shorts are unavailable or hard to come by and we have a target of 0, why not buy some May or June out of the money puts?

I did this on a few others and it worked out well. I am hoping for a big score on TOY. Bot a small position of Feb 12 1/2's @ .25. If TOY should hit 11 1/2 on the day of option expiry, I'll have a four bagger. Anytime before that, and the profit will be larger due to premiums.

Did well with HAND, AEOS, AMZN, RIMM and CFLO puts over the last 2 weeks.