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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: robbie who wrote (20199)10/31/1997 1:36:00 PM
From: mark alan rosenberg  Read Replies (1) | Respond to of 61433
 
Robbie:
This could be risky. By selling the puts, you are automatically
rendering yourself to an honor to purchase ASND at $25, so, if
the stock dives to 17, you can lose $8 per share... to risky.
The best way to do this on an option basis, is to look for
an option call to buy, and take the shot...knowing what the risk is.
Mark