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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rocketman who wrote (4430)3/20/1998 2:14:00 PM
From: Phil Cressman  Read Replies (2) | Respond to of 9719
 
Just talked to by Broker and he told me it will cost $12 for an april Put at $70.00 (Stock quoted at $77)

For your interest Calls for April at $70.00 are quoted at $l4.

The only strategy I can come up with is to purchase stock and write covered options but the math is going to take me long enough that I doubt I'll get an order in before closing today!

I am of German extraction (Hessian) if you go back far enough and I guess the reference to "Squareheads" has some truth in it!