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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (4912)12/22/1997 10:59:00 PM
From: fut_trade  Read Replies (1) | Respond to of 27307
 
<<Not sure how loose the collar has to be to defer taxes, but anyone long the stock could sell Jan 65 calls for 4 3/8, buy Jan 60 puts for 2 5/8, and guarantee themselves net proceeds of between $61 3/4 and $66 3/4 come Jan 16. I'd do it.>>

You're assuming YHOO will crash by Jan. 16?

<<Peter, regarding your 10,000 shares, that's some investment club (or a modest fund).>>

Sure is.

<<Seriously, how is it that 10,000 shares can put upward pressure on the open? This thing traded almost 1.5 million shares today.>>

I can't log on to my quote server now, but I think there were other buys near the close (trades at the ask price),. I think there will be some upward momentum going into the open -- but perhaps just a little.

Peter