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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Oeconomicus who wrote (9188)	4/7/1998 11:08:00 AM
From: RDH	Read Replies (2) \| Respond to of 27307

It seems like this thread is relatively quiet today. I sold some of my April puts for a nice profit, and am holding on to some May Puts and some other (lower strike price)April puts (the price on April 80 puts is inconsequential compared to the potential reward available if YHOO only meets earnings expectations). To me, it always seems like a good choice to take profit in a part of your holdings and hold on to a part -- hopefully the profit from the first part will cover your investment in what you are still holding. For example, if I buy 2000 shares of YHOO at 47, I would feel good about selling 1000 shares at 94 thus allowing my remaining holding to be theoretically risk free. The 1000 shares I sold pay for the entire cost of the purchase of the 2000. The 1000 I have left is "risk free" investing (in a sense). If YHOO stays at 94 I have still come out ahead. Even if it goes down to 64 and I sell it then I have still made a nice profit on my investment. And if YHOO goes up to 150, I have done really well. For those who do not want to sell YHOO at this time, perhaps they should consider selling a portion. It's hard to imagine that YHOO is not going to come down further at some point in the next few months. Or they could write deep in the money calls to help protect themselves. Just my opinion. - RDH.