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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: Matt Webster who wrote (14344)2/7/1998 1:45:00 AM
From: Sorin A. David  Respond to of 25960
 
RE: "I would pick a direction and construct an options position that protects you with near zero loss if you're wrong and rewards you with a 33-50% gain if you're right..."

Interesting and while I know it's possible, how would you do this? Buy te stock with protective both puts then sell longer term calls far out of the money? I would like to see how you would do it?

My suggestion would have given you a downside risk of 1/8 with a profit potential of 2.5 in one month. Not too bad either, I don't think if your option quotes were accurate.