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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: HDC who wrote (87267)	12/29/1998 4:08:00 PM
From: T L Comiskey	Respond to of 176387

HDC.......Let me chime in here..I was PUT to last year....sold the feb 30 puts on vvus when it was 26+.......stocked caved to 15 on bad news was put to when it hit 14.......OUCH.......never recovered....:( ...Tim

To: HDC who wrote (87267)	12/31/1998 1:15:00 AM
From: Don Martini	Read Replies (2) \| Respond to of 176387

Hi, Duncan! Answering your 2 questions: 1. Yes, I've had shares put to me before X-day, usually in the last two weeks. To prevent this just roll them out. Also, if you've sold covered calls that are deep in the money they can be exercised early too. I sold Feb 10Cs on CKFR which is 22 3/8 now. The call is trading below parity, so it may be exercised any time, but with 6 weeks remaining I expect the buyer to hold on for additional gain. What can I do? Sell Aug 22 1/2 straddles to pay for the 10Cs and upgrade sale of the shares by $12.50 ... Free Deal! If the shares close below the strike I can roll out the puts to another straddle for another 50% gain! Same applys if the call is in the money. 2. I've never done a bull put spread, just sell uncovered puts. Less complicated, more dangerous, but not much more. Happy investing, Duncan! Don