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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (104)2/21/1996 4:29:00 PM
From: olduser   of 58727
 
Kevin, we meet again, and guess what my other great interest is? OEX
option trading. And what a year I have had in 1995. Come to think
of it, January 1996 was a doozy too! Go figger!! I would love
to have any advice you have on NDX trading. I haven't done that
yet, but you appear to share my love of trading indexes on bad news!
The Badder the Better!! As I mentioned in the other forum, I have
been away from the market since Feb. 15th due to the death of a
very close loved one. So, I need a week or two to dive in and get
back up to speed. Looks like I missed one heck of a buying opportunity
last week on that .93 book-to bill that just got revised to 1.21, right?

Anyway, hopefully in a week or two, I can catch up. Would love any
info on trading the NDX. I have good experience trading NASDAQ
stocks, but my option experience to date has mostly been OEX. Also,
lots of options on NYSE stocks. Merck gave me a nice chunk of
change last year. Bought the Jan. 50 calls when Merck was at 35.

But enough about past glory. As I've said before, give me a week
or so, and I'll probably be useful again. In the meantime, thanks
for clueing me in to a new forum. I'll be talking to you again,
I'm sure.

PS: Ronnie Scott is a great guy too. You have to love enthusiasm,
whether it is bullish or bearish. Enthusiasm is GREAT!
And I noticed that both of you have your share--in both directions
Later....
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