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To: IQBAL LATIF who wrote (22229)12/30/1998 10:25:00 AM
From: Big Dog  Read Replies (2) | Respond to of 50167
 
Your thoughts on the oil sector are on target. I would suggest the oil service sector for the greatest leverage (as opposed to oil companies). My faves are FGI WFT and CXIPY

big
loosbrock.com



To: IQBAL LATIF who wrote (22229)12/30/1998 8:49:00 PM
From: Investor2  Respond to of 50167
 
Re: "On CSCO I think one can go long CSCO 100 Calls June selling 80 puts- I will like to think that someone who wants to own anystock now may well do it slightly differently sell 15-20% out of the money put and buy 5% out of the money call, if this market goes to 1350 your calls will do well if it breaks atleast you end up owning your stock 20% cheaper.."

Thanks for sharing the interesting strategy with us. How many calls would you buy for each put that you sell? Would you buy calls with all of the money that you receive from selling the puts?

Thanks,

I2