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 : FORE Inc. -- Ignore unavailable to you. Want to Upgrade?

To: OrionX who wrote (11154)	3/23/1999 12:18:00 AM
From: Nandu	Respond to of 12559

<<I myself would prefer to buy calls at a lower price just in case than to buy April 17.5 or 20s. It's all a matter of risk.>> I don't see how a lower strike price reduces risk. April 15s are at 4 1/2. If news comes out that there is no takeover, those will drop more than a couple of points by the time options start trading (which is 15 minutes after the common starts trading). Why not buy the same amount of 20s at 2 and put the rest of your money in a money market? I got a bunch of April 20s today at 1.5. If FORE is strong tomorrow, I bail 60% at 2.5 and hold the rest for the possibility of a windfall.