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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?

To: Sophie Janne who wrote (107)4/21/1999 10:01:00 PM
From: bob yahnke  Respond to of 2514
 
Yes, we do need each other. It's a beautiful thing. I would however pray that no news comes out on this thing anytime soon. I noticed a 50,000 share buy 10 min. before the close. Sanchez buying again???



To: Sophie Janne who wrote (107)4/22/1999 8:22:00 PM
From: bob yahnke  Read Replies (1) | Respond to of 2514
 
Hey Sophie, ever try selling put options to cover your short position in a stock? Just the opposite of selling covered call options. The May 35 puts are selling for 7. That would be like buying your short position back at 28(if the stock remains below 35 in the next 4 weeks). If the stock ends up going higher keep selling the puts until you close out your position. Not a bad safety hedge.


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