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 : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Jurgen Trautmann who wrote (1781)	1/17/1998 8:34:00 PM
From: Intel Trader	Respond to of 11051

Greetings to all habibi! Jury on surfing safari through the Atlantic. DJ holding the fort in Deutschland. Steve in Paris, recently liberated (1944?). Herr Schiller a quiet wall flower. Berney in US with IT trying to figure out how to expand the ROT -- please do my taxes!! ; ) I'm only up 15% for last year (still carrying a loss in INTC, but that WILL improve). Keep an eye on ZOLT. It's here with me in Ab. Keep the Sangria flowing, it

To: Jurgen Trautmann who wrote (1781)	1/17/1998 9:58:00 PM
From: MonsieurGonzo	Respond to of 11051

Jrgen; RE:" Options " Congratulations on a great year, man!! I've been studying the options strategies called "straddles" and "strangles"... Message 3196081 THE 'LONG' STRADDLE or STRANGLE ...this is when you buy a CALL and a PUT, and you make money regardless of which way the underlying moves, so long as it moves, and does not end up where it began by options expiry. THE 'SHORT' STRADDLE or STRANGLE ...this is when you sell a CALL and a PUT, and you make money if the underlying ends up between the CALL and PUT by options expiry (or ideally, at the same place). In a straddle the CALL and PUT are at about the same strike price. In a strangle you sell the CALL at a higher strike price than the PUT, ostensibly at the top and bottom of some trading range. -Steve