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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: BrokerG who wrote (18294)8/19/2003 9:21:21 PM
From: robert b furman  Read Replies (1) | Respond to of 19079
 
Hi Broker G,

This unfriendly take over will go on a long time.

I'm thinking an ongoing sale of naked puts will get time decay premium on ones side.This may well be many months in the making.

As Oracle cycles 11.30 ish sell puts 90 days out and as it brushes 13.00 sell calls 90 days out.

This is a classic way to make money during a sideways price action awaiting resolution of an unfriendly and longtime (get some of the board on our side) takeover.

JMHO

Bob