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

To: WTSherman who wrote (11353)3/29/1999 8:03:00 PM
From: Elmer Flugum  Respond to of 12559
 
I like that strategy...something to look at more closely.

Len



To: WTSherman who wrote (11353)3/29/1999 10:00:00 PM
From: jach  Respond to of 12559
 
a much more safer bet, at the same time able to take advantage of time decay, plus safe for the long term is to buy half the number of shares and sell both 17.5 may calls and puts. The upside is 5$ which translates to about 30% gain, and worst case is holding FORE long by averaging in the other 1/2 at 12.5.


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