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

To: Justin Franks who wrote (14295)	10/5/1998 10:26:00 AM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 27307

I hope this question was a joke... but it depends on your short & long positions. You should pray to god if you went short & long @ the same price & same #of shares.... Have you efver heard of a covered spread? I wrote calls against the longs. They are covered of course. I wrote puts agains the short shares and those are covered puts. The preiums are so rich that if YHOO stays between 98 and 135, I turn a profit. I cannot lose money on this position. Glenn PS Something wrong with my strategy?