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 : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (16294)11/21/2002 1:14:25 PM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 30712
 
it took us barely a month to get from 19ish to here, getting back there in 4 months wouldn't be my preferred play, but imo it isn't the dumbest thing in the world, either.



To: mishedlo who wrote (16294)11/21/2002 1:26:54 PM
From: h8_2_b_l8  Respond to of 30712
 
You have to think even in a worst case scenario, say we get to 1220 by the end of January the puts will be worth .45-.50, that's a 50%-67% return.

If you go 4 months back we've been from 1192 to 1425 to 1108 to 1462 (and counting), that's over 900 points just on the major tops and bottoms.

You throw in a wash out phase with no relief and I don't think its a stretch at all.