Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (28541)	2/7/2003 10:56:12 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi tippet, <<why do two equivalent trades?? -- why not just sell twice the number of puts and forget the CC position which ties up the capital for the shares?>> Because (a) I actually would like to collect some shares of FCX given its valuation discount relative to NEM due to Indonesia risk, and its exposure to copper, and its newly announced dividend policy; (b) I do not, as a rule, like to simply buy and hold, but prefer to ease my way in via put/call straddles; and (c) I am willing to see if the Max Pain point works or not ... iqauto.com Chugs, Jay