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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Shakush who wrote (9052)11/11/1997 4:08:00 PM
From: Steven Angelil  Read Replies (3) | Respond to of 25960
 
Well, it must be a nice feeling not to have to worry about anymore downside risk. If we are at say 17 on the expiration date, do you just sell the puts and roll them over to Dec? For me it would be too expensive to buy them in Nov and Dec. I guess a while back when the stock wasn't broken, it would have been a good hedge to buy the May 20 or 30's-but I have no idea how expensive they would have been.

Good luck. Lets hope that by you buying puts, that will signal the bottom is near:-))

We need something here, folks.....

Steve