SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Jim@Inland who wrote (5810)10/13/2001 3:26:23 PM
From: Dale Baker  Read Replies (1) | Respond to of 6873
 
I have a few WEBX March 15 puts - if WEBX crashes as forecast, they will stay pay off nicely and if not, my total downside is 1.90 per contract.

Long-term puts are a decent way to play crash and burn candidates if you aren't sure of the timing and have a problem with margin calls or buy-ins during a squeeze.

Wish I had done the same with HOMS when it was trading around 30.