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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Logain Ablar who wrote (17615)3/26/1998 7:01:00 PM
From: Judy  Respond to of 50167
 
On RMBS

One might consider taking an initial position at 37ish and/or selling puts if RMBS enters 33-35.

Message 3853362



To: Logain Ablar who wrote (17615)3/27/1998 12:38:00 AM
From: Getcher  Read Replies (2) | Respond to of 50167
 
Tim,

See my message 17627 ... please provide your thoughts on strategy. IMO an April purchased straddle may be the best way to play ... I am looking at a stock that should see an explosion one way or the other at this point ... I am considering April 40 puts and April 40 calls. Dump the one that goes up a little more than 2 times, play the other for a rebound ... Very difficult to call the virgin territory this price presents!

Getcher


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