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.
Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (34774)2/6/1998 12:08:00 PM
From: kiwi  Read Replies (1) | Respond to of 58727
 
Hello Don
we got out of wfc puts first thing this morning and waiting to get back in. Still in oex puts but ready to bail very soon.
I wish you the best of luck in your trading today.
here is something a friend e-mailed me. Interesting thought.
kiwi

> > > In answer to the eternal question "Is it better to be a
> > > jock or a nerd?"
> > > I submit the following:
> > >
> > > Michael Jordan will make over $300,000 a game:
> > > $10,000 a minute, assuming he averages about
> > > 30 minutes per game.
> > >
> > > Assuming $40 million in endorsements next year,
> > > he'll be making $178,100 a day (working or not)!
> > >
> > > Assuming he sleeps 7 hours a night, he makes
> > > $52,000 every night while visions of sugarplums
> > > dance in his head.
> > >
> > > If he goes to see a movie, it'll cost him $7.00,
> > > but he'll make $18,550 while he's there.
> > >
> > > If he decides to have a 5 minute egg, he'll make
> > > $618 while boiling it.
> > >
> > > He makes $7,415/hr more than minimum wage (after
> > > the wage hike)
> > >
> > > He'll make $3,710 while watching each episode of
> > > Friends.
> > >
> > > If he wanted to save up for a new Acura NSX ($90,000)
> > > it would take him a whole 12 hours.
> > >
> > > If someone were to hand him his salary and endorsement
> > > money, they would have to do it at the rate of $2.00
> > > every second.
> > >
> > > He'll probably pay around $200 for a nice round of golf,
> > > but will be 'reimbursed' $33,390 for that round.
> > >
> > > Assuming he puts the federal maximum of 15% of his
> > > income into his tax deferred account (401k), he will hit
> > > the federal cap of $9500 for such accounts at 8:30 a.m.
> > > on January 1st, 1997.
> > >
> > > If you were given a tenth of a penny for every dollar
> > > he made, you'd be living comfortably at $65,000 a year.
> > >
> > > He'll make about $19.60 while watching the 100 meter dash
> > > in the Olympics.
> > >
> > > He'll make about $15,600 while the Boston Marathon is
> > > being run.
> > >
> > > While the common person is spending about $20 for a meal
> > > in his trendy Chicago restaurant, he'll pull in about $5600.
> > > Next year, he'll make more than twice as much as all of
> > > our past presidents for all of their terms combined.
> > >
> > > Wow! Amazing isn't it? But:
> > >
> > > Jordan will have to save 100% of his income for 270 years to
> > > have a net worth equivalent to that of Bill Gates.
> > >
> > > --- +=+
> ------------------------------------------------------------
> > > NERDS RULE! NERDS RULE! NERDS RULE!
>
>
>
>
>
>
>
>
>



To: donald sew who wrote (34774)2/6/1998 2:37:00 PM
From: George Mc Geary  Read Replies (1) | Respond to of 58727
 
Donald, This is not suppose to happen with the Broncos, AFL, winning the Superbowl. This market just does not want to do any correction. Still sitting in my XAL puts and wondering why I did not sell yesterday late afternoon. I am all for the market continuing upward, Heaven knows I need it to go up, but could it not just do a quick correction this afternoon so I don't have to worry about these puts next week also. Well we still have an hour and 15 left. George