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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Mikey who wrote (384)11/12/1997 4:36:00 AM
From: Ted Jackson  Read Replies (2) | Respond to of 22640
 
To All: Anybody buying puts AND calls on this? Seems like there's some money to be made using this strategy.



To: Uncle Mikey who wrote (384)11/12/1997 7:37:00 PM
From: Weekapaug  Respond to of 22640
 
UM,
Seems you are a bull on TBR? Today I just bought my first shares and @ the sametime wrote covered Dec 100 calls against stock. Actually it was the price of calls that got me in? Received 6.00 for Decembers? Thought that was alot of money for 5 weeks? I did pay 87 for stock. The way I look at it is. I either paid 81 for stock or receive about 18 points if I'm called away. I'll take it!

regards
Ken


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