SI
SI
discoversearch

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 : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: DavidG who wrote (26319)1/8/1998 3:14:00 PM
From: Patrick Koehler  Respond to of 53903
 
David, if I flip to puts, I always go with short term in-the-money options, so if MU remains at 29, I would look at Jan 30, 32.5 and 35. I would enter the option price into a spreadsheet, then enter my target of 27.5 or whatever. Computing the value of the options without premium, the computer would indicate which would offer the best return and risk/reward.
Gut answer would be the 32.5's and target of 27.5, but exit when the computer tells me to exit.
Patrick