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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (31197)	10/10/1998 7:47:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 94695

Bill, I don't know your number system, and I even don't know that you have a number system (whatever it may be). I'm just saying it's a $30 stock and US liability laws prevent common stocks from going negative - thus max theoretical gain on a $25 strike put is limited to $25. And in practice it is extremely likely to be less than $25. CCEWE is quoted at near $2, so the likely gain does not look enticing to me, relative to risk. On low priced stocks spreads and commissions take out a greater chunk of your put costs. That's all.