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.
Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Mighty Mizzou who wrote (56347)10/21/1998 6:17:00 PM
From: James A. Shankland  Read Replies (1) | Respond to of 61433
 
Now, do you know of any analogous strategy (protective PUTs) for CALLs.

Well, you can write covered calls against your stock, I suppose.
The disadvantage, compared with buying protective puts, is that your downside protection is limited -- if the stock really tanks, your call premium won't compensate you for the loss -- and if the stock goes way up, you will lose when you close out your short call. Definitely not the thing to do if you believe ASND will be bought any day now for $70.

The advantage is that you get paid for doing this (the call premium), instead of paying to do it (buying a put).



To: Mighty Mizzou who wrote (56347)10/21/1998 10:47:00 PM
From: steve poon  Read Replies (2) | Respond to of 61433
 
the ascend management should write a book on "how to piss off anal-ist" and then write another book on "how to screw-up a quarterly
earnings report". the cfo, does he actually have an accounting back ground. i would like to know this about ascend are they accrual or
cash basis on the their accounting because it sure sounds as though their cash. and if their cash, they are running this co. out of their hip pocket.

steve


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News