Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Shiva -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (2523)	12/8/1997 10:31:00 PM
From: Jacky AY	Read Replies (1) \| Respond to of 5036

I never consider buying options as a smart play. About 90% of all options expire worthlessly. And even in the case of the stock ending up in-the-money at expiration, the time premium simply cut deeply into profit. Well, buying VQSBV at 3/4 will require SHVA to close at 13 1/4 plus commission on 2/20/98 to breakeven. If you think SHVA will get there, why don't you just buy the stock now and get 25% gain rather than hoping for a push on the option play. As always, I think options are too risky for part-time investors like most of us. IMO, the option play will only make sense if you expect SHVA to reach at least 15 at expiration...