that was me. i'm new to option trading and so am playing with very little cash and trying to learn to find the bargains. i've had pretty good success with it so far, with a few exceptions (corel july 17.5 c, and intel april 50 p). i'm tracking the progress without the broker fees, and so even 100% gains mean little cash at this point, but it's fun and i'm learning, and i'm building my accuracy and confidence. the usf calls are only 1 1/2 points from the money with two months (less) to go. i think they're a steal. steals are what i look for, or as my broker says - ferret. the reason i didn't want to say anything last night was because i use lombard to look these things up, and the "open interest" said 2, and there was no volume yesterday. i thought the 2 meant only 2 contracts were available. any idea how i can find the number available, kevin? i KNOW you can with whatever kind of godly machine tells you who did what when! and what does open interest mean?
anyway, i got out of iomega even today at 1 3/4 (2 contracts in the afternoon - see that?). they were making me a bit nervous. tell me what you think, kevin. thanks. T |
