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 : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?

To: Just_Observing who wrote (3834)	6/23/1998 5:40:00 PM
From: otter	Read Replies (2) \| Respond to of 6180

The last trade reported on the CBOE web site for Jan 99 puts @ 40 was a trade of 5195 options - 10% of the total. My very humble, very inexperienced opinion: Serious hedging led by institutions. Not a bad move. Perhaps somebody does know something; but remember, it was only 8 trading days ago that TXN was @47. Also, TXN has gone above upper bollinger band.... and if you look @ dow, maybe we are ripe for some serious correction???? About a year ago, I had a position in USRX. I had some gains I wanted to preserve; so I put a stop loss @ 10% less than the price of the stock on the day I did it. Well..... Stock fell to my stop loss point, I got stopped out, fell another half point and then rebounded (without me, of course). The advice I got at the time which I really haven't forgotten was to hedge the gain by buying a put.