Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: PeterBurgess who wrote (5373)	4/22/1998 3:12:00 PM
From: K-MAN	Respond to of 12468

Guys: My friend is the worst market timer out there and he's selling now, so i'm going to bet this thing turns around real soon. Still Holding... K-Man

To: PeterBurgess who wrote (5373)	4/22/1998 3:52:00 PM
From: Steven Bowen	Read Replies (2) \| Respond to of 12468

"I bought some more shares and sold some naked May 35 puts." I really like the selling naked puts strategy here, although I'm taking much more bullish positions, such as selling the July 45's. It makes the dips much easier to take, and the $10 a share premium sets in my account earning interest rather that me paying margin interest and worrying about margin calls. Any appreciation from here to 45 between now and July is mine, plus I like the declining time value working for me instead of against me.