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.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: upanddown who wrote (45412)2/2/1999 9:52:00 PM
From: SkyDart  Respond to of 132070
 
<<Selling Puts on FLC<<

Might not be a bad idea as the oil service area seems to be showing a triple bottom.

However, the charts show an imminent reversal in PDE and UPR seems to already be moving upwards.

IMO FLC [painful as it has been in the past] is now getting to the point where the reward:risk ratio is nearing 10:1. ie I wd not sell and might load up more.

PDE has the best debt-equity ratio and free cash and it has yet to catch up in price to UPR's up move, so it is my favorite play at this time.

DART



To: upanddown who wrote (45412)2/2/1999 10:31:00 PM
From: Knighty Tin  Respond to of 132070
 
John, I have done it and am considering doing it here. My only problem is that I would have to consider the short puts a third position, and I only have a third to go. I kind of want to own FLC long at these levels. Maybe I'll do the synthetic, short the puts and buy the $10 calls. MB


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