SI
SI
discoversearch

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.
Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: space cadet who wrote (12047)7/27/1998 3:51:00 PM
From: larry  Read Replies (1) | Respond to of 18691
 
Space cadet,

I know that you have got bunch of DELL calls, so do I. Actually I got more last Friday and this morning. Maybe our goal of doubling our portfolio can definitely come true on the shoulders of MD. What can I say? Look for this dude to shoot straight up to 125, and then to 135 before August 18th.

It's a real pity that those guys who shorted below 100 were not even given a chance to cover before they would see deep red in their account!

I would have bought puts if the market were bearish this afternoon...Now it changed everything. Enjoy.

DELL, DELL, DELL!

larry!



To: space cadet who wrote (12047)7/27/1998 3:52:00 PM
From: Don Westermeyer  Respond to of 18691
 
Covered puts are great until the stock plummets and you miss out on the big gain!

It's been a good strategy for the internut stocks though - where as you said the premiums are very large.




To: space cadet who wrote (12047)7/27/1998 4:58:00 PM
From: Michael Bakunin  Read Replies (2) | Respond to of 18691
 
Covered puts are artificial short calls. Why not save transaction costs by halving transactions?

mb