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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (51162)4/14/2002 8:31:11 PM
From: mishedlo   of 99280
 
May 30's does not give one any leeway for error.
A plunge to 31-32 if late enough in expiry week could cause a complete loss of capital even with a 14 point move in your favor.

A more resaonable bet would be Jul 30's, but I seldom play that far out of the money.

BRCD seems like the safest bet to me as it has tons of problems. Competition from CSCO, MCDT baggage, and a weaker chart. Actually NVDA looks weak too but options rather pricey.

BTW what are your downside targets on the Q and NVDA?

M
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