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Technology Stocks : Loral Space & Communications -- Ignore unavailable to you. Want to Upgrade?


To: ccryder who wrote (2241)3/15/1998 4:29:00 PM
From: Geoff  Respond to of 10852
 
ccryder, yes I did notice another pop. I have been overwelmed by the intense discussion of LEAPS and options on the Fool board. It seems like Readware doesn't like options, and thinks writing calls on LOR is a bad idea -- and I agree by looking at the overall sentiment on the board, especially the long-term posters. It seems that everyone is buying calls with the intent to exercise some, if not all, of them. I would surely not want my shares called away, which is my reason for not writing calls. The talks of "bull spreads" etc is too complex and seems to require more capital than I feel like investing in options, I think I'm going to just hold these LEAPS, and exercise them really close to expiration.

geoff