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.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (10822)	8/5/2003 12:56:04 PM
From: robert b furman	Read Replies (1) \| Respond to of 95890

Hi G, Nice to have that additional risk in the market. Just to read that comment gives me pleasure.GG Bob

To: Gottfried who wrote (10822)	8/5/2003 4:56:14 PM
From: Ira Player	Read Replies (1) \| Respond to of 95890

Gottfried, It's tough with a thinly traded equity like KLIC (Thin Option activity) and the low stock price (Less options to use) but you can "Roll Them Out". Near expiration, buy back the August 7.5 and sell something further out and higher strike. You buy back only the intrinsic value and sell some "new" extrinsic (time) value. For example, the after close numbers are: August 7.5 Call 1.50/1.70 B/A January 10 Call 1.05/1.25 B/A The $0.65 debit (-1.7 + 1.05) "buys" $2.5 in strike and an additional 5 months in position. Again, it's hard with thinly traded options because the spread is so high. There is 20 cents between the bid/ask at both ends... It may actually be cheaper to let them go and rebuy if you still believe in the position. Ira