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 : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Riskmgmt who wrote (9086)	11/18/1998 12:17:00 PM
From: Andrew Williams	Read Replies (1) \| Respond to of 14162

Thanks for your response. I have been following this thread and SUNW for over a year now. In regards to SUNW and W.I.N.S. (Definitely not Wade Crook)I was wondering if the Microsoft lawsuit should cause us to rethink some of the TA. I believe most of yesterday's news except the MS lawsuit issue should not have a long term impact that will cause SUNW to sustain a higher valuation(SUNW always puts out tons of news releases). But based on the lawsuit should we expect another SUNW trading range to be defined? If so, buying puts at this point would not be advisable. On the other hand, if we think that something close to 50 could be seen again near term, then yesterday's jump only creates an opportunity for additional profit. At this point, I am leaning towards staying on the sidelines, but am interested in arguments to buy puts now.