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

To: Jock Hutchinson who wrote (12459)7/9/1998 2:54:00 PM
From: Logos  Read Replies (2) | Respond to of 27307
 
RE: <<The best way to short Yahoo is to go short the 60 calls. There is virtually no premium in even the October 60 calls, since they are priced at about 135>>

Sorry if this is a stupid question, but what exactly do you mean short the YHOO 60 calls? Do you mean sell the calls? Doesn't this require that you own the stock, unless you are selling naked calls, which sounds rather dangerous? I'd love to short some of these internet stocks (other than Yahoo, which I actually believe in), but haven't found a safe way to do it.

Logos



To: Jock Hutchinson who wrote (12459)7/9/1998 3:12:00 PM
From: ratan lal  Respond to of 27307
 
whats the diff??

when u sell calls w/no prem., you are basically shporting the stock.

if stock goes up, you lose $ for $ just as in short.


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