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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Melissa McAuliffe who wrote (2388)10/2/1998 2:04:00 PM
From: AlienTech  Read Replies (1) | Respond to of 4509
 
>>However, I can't find any 20 puts...I tried April and they only go as low as 25....what month are you looking at?<<

You are right, the 20's wont be out untill PSFT starts to trade under 20. So 25's might be the ones to go with although thats much riskier. Might be better to sell near term 25's and then cover as soon as the premiums go down.