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.
Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (43715)5/28/1999 11:36:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 86076
 
John, this one has nominal risk, but I like the stock, so I am willing to take a smidgen of risk:

Regular accounts: Sell Newmont Dec 17 1/2 puts for $3 or better. Buy Dec 15 puts for 1 15/16 or less. Hold $1600 in money funds.

IRA accounts: Buy NEM at 17 11/16. Sell the Dec 17 1/2 call at 3 1/2, buy the same put above.