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Technology Stocks : CYPRESS Semiconductor (CY)
CY 15.24+1.3%Dec 15 8:10 PM ESTNews

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To: robert b furman who wrote (2653)7/8/2017 11:24:19 AM
From: robert b furman  Read Replies (1) of 2666
 
Chart Update :

screencast.com

Time for cypress to become a teen ager !

Good earnings and guidance should do the trick - time for a synthetic long option play?

Sell the December 13.00's puts for $1.10 and buy the July 13's calls for $.95.

Pocket the 15 cents. The calls are 37 cents in the money - net out about $12.50 ish.

Earnings due out a week after options expiration.

Bob
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