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Strategies & Market Trends : Short-termSelling Puts (Covered Calls by another name) -- Ignore unavailable to you. Want to Upgrade?

To: Biomaven who wrote (22)	2/15/2006 2:30:21 PM
From: KCMuu	Respond to of 66

RMBS IV - legal issues... Biomaven, Rambus is involved in litigation over its IP. Makes it very volatile - look at it's 1 year chart. Some guys on iHub are deep into the legal issues. I don't understand the issues myself. Dive in at your own risk! -KCMuu

To: Biomaven who wrote (22)	2/15/2006 4:55:52 PM
From: Sam Citron	Respond to of 66

suggesting that selling puts might be a smart move Lead them not to temptation, Peter. <g> Can't remember who it was that said RMBS is either a $50 stock or a $10 stock depending on the outcome of pending litigation. I'm currently long RMBS and short OTM covered calls. Sam

To: Biomaven who wrote (22)	2/15/2006 5:41:47 PM
From: Rocky9	Respond to of 66

RMBS - looks very interesting. Not sure there is much reason to do it before expiration of this month's. Will probably watch it for a couple days at least. Lots of big moves today. MNTA very strong. Probably should have done a lot more TRLG while I had the chance. MDCO also looks like the move should be on the upside more than the downside, so I did some more today. SEPR should be out of range of the 55s now - not confident enough to write puts at this point - still looking to hedge my long position. VPHM continues to move around - it is the one I feel most confident will provide good results in this "game," as long as I don't initiate the position at too high a price (which I probably did last week). Also extended my CHS calls for a month - I probably should just sell the underlying since it looks way ahead of itself, but my basis is so low that I'm hesitant. I have hedged most of my position, so I will not participate very much if it keeps going - much tighter collar than I generally do on SEPR.