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


To: BradC who wrote (15461)11/23/1998 8:37:00 PM
From: Dov Levy  Read Replies (2) | Respond to of 27307
 
How likely is a split? is it possible that the jump this afternoon was due to an imminent split (e.g., someone heard something????)

Thanks Dov



To: BradC who wrote (15461)11/23/1998 10:58:00 PM
From: HoyaBob  Read Replies (2) | Respond to of 27307
 
If it expires unexercised, then I keep the premium. I'll simply write another call and lower my cost basis. In your rather drastic example, if one wanted to stay in the position, there are many ways to repair the damage (i.e. drop from $200 to $50), not the least of which would be to average down. Volatility is to our advantage. It took me years to learn these techniques because nobody clued me in, least of all my former brokers. I recommend trailing stops, etc. if one fears the roller coaster. When it comes to YHOO, it is a trading stock for me, not an investment. Money which I make from trading stocks either pays my expenses or goes into other investments. My one caution about YHOO is that it may well be a wise investment, not just a trade.