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 : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: Asymmetric who wrote (4422)	8/5/1998 3:01:00 PM
From: John Morelli	Read Replies (2) \| Respond to of 6317

$36 is your breakeven point only if you hold and exercise but what if you trade them after JBL moves up a few points say $33 - $34, surely you will make a nice profit before JBL hits $36, right?

To: Asymmetric who wrote (4422)	8/5/1998 3:54:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 6317

Hi Pete, Did you buy those puts, or sell them? I sell puts and calls on rare occasions, but usually only a couple of contracts at a time. I've done better with the Calls than the Puts. there I only sell as many call contracts as I would sell in shares at the same price. Not very exciting, but it does add nicely to my profits when there's a reasonable premium available. Best regards, Tom