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Technology Stocks : Siebel Systems (SEBL) - strong buy? -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (4418)2/24/2001 3:16:22 PM
From: gingersreisse  Respond to of 6974
 
The options markets aren't pricing much of an upside into SEBL right now. Writing the AP40 put ($4) and applying it to the AG50 call ($9) could be very profitable with a modest move upward. If you expect a decent Summer and order books filling up, could be one way to go, with time on your side.

As an indicator of the pessimism, many strikes don't have any bids for the calls. No bids at all.

GSR