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 : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: browser who wrote (8032)8/23/1998 8:12:00 PM
From: Sergio H  Read Replies (2) | Respond to of 29382
 
Robert, please check this weekend's edition of Barrons. Gillette is the cover story. It looks like a favorable article on Gillette. A favorable article may cause the stock to gap up tomorrow morning.

If you are sure that you want to buy puts on Gillette, at least wait until after the stock gaps up.

Sergio



To: browser who wrote (8032)8/23/1998 10:24:00 PM
From: Sal D  Respond to of 29382
 
Robert, as Sergio said Gillette was featured in Barrons. As I do not follow Gillette it would be a numbers game for me. I use the Black Scholes Pricing Model for figuring implied volatility. What I need is a price target and date to run the numbers and the program then gives me what the implied volatility is and I can work back from there and figure what the best option would be for purchase assuming my target price and date are met. All that aside just for example sake using a target date of 9/11 and a price target of $44 I see the 47.5 as the best bet followed by the 50, using the same target date of 9/11 and a price target of $43 I see the 47.5 as the best bet followed by the 45. And using the same target date 9/11 and a price target of $41 or$42 I see the 45 as the best bet followed by the 47.5.
I must add I am by no means an options authority. Please check in from time to time any comments or ideas are appreciated.
Joe