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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (2012)5/28/1996 12:22:00 PM
From: Michael Hillman   of 58727
 
Kevin ..Judy ..

Many months ago ..when NSCP first made options available ....Kevin and I discussed option plays .Kevin suggesting one way he might play NSCP ...is buying both puts and calls ...to ride the volitiltiy ..either way .
I prefer selling puts ...so to insure I must buy puts ...natural progression .
Kevin put the bug in my ear ..Tom showed me the "put prospective" .....IMPX showed me the wisdom of doing it ....IOMG made it necessary . But it was expensive ..and wouldn't be a good idea today .
This discussion will live forever ....I still like selling puts ....as opposed to buying calls ...when done properly you get better value ..you always get the premium ...and the worst case you get a stock ( you must want ) ..at a depressed price ...but you must be out of the money ...in a pressure situation..for both stock ..and market ....like IOMG ..like today ...
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