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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?


To: SecularBull who wrote (9750)2/27/2001 10:05:07 PM
From: mishedlo  Read Replies (2) | Respond to of 10876
 
Why do people look to buy?
I look to find the best sells.

M



To: SecularBull who wrote (9750)2/27/2001 10:08:47 PM
From: hobo  Read Replies (1) | Respond to of 10876
 
In principle yes. based primarily on fundamentals.

However...

I have not traded BEAS.

It is possible, based on technicals (I do not have the chart of BEAS right this minute as the system is updating), that on a mere speculative and short term basis, that BEAS could be a better play.

Again, it depends on premium values for BEAS, as opposed to NTAP.

In my particular case, I am willing to try new stocks to "add them to the stable" of pure bloods. and be diversified.

Now...

As a "long term portfolio" holding....

I may prefer EMC since EMC appears to be the undisputed leader of the storage data companies. In addition the p/e for EMC is 52.4 @ 41.66 as opposed to 156.47 32 for NTAP

The increase of Volatility makes a very attractive proposition to sell premium, (call or put as applicable), as mentioned by Poet, since these premiums become "fatter" then as we approach the last 2 weeks prior to expiriation, such fat all of a sudden goes on a fast diet, (unless of course the price goes against my position).

So.... as a good Irish lawyer friend of mine as told me MANY times... the answer is :

It depends. -gggg-

I personally would not mind attempting some spec on BEAS, I have not yet seen the premiums on it so... That could aslo be attractive.

I have a position on EMC already (short Puts for March)

I just closed the NTAP, if it reaches higher (or even lower levels), I will re-enter. --call or put as applicable--

BEAS Never traded it, I would not mind trying it, particularly if I find the premiums to be fat.

Sorry the answer got so long