Tech Stock Options Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Hillman who wrote (2018)	5/28/1996 3:20:00 PM
From: Pascal A. Mons	of 58727

Michael, On IOMG Options What I didn't understand was the side of your first move. i.e. Selling Puts on IOMG, while our 'market guessing' showed us strong reasons for a downward direction played by the pros. At the time you sold those puts I would have bought them... Even today the pressure coming from traders is still way down and still very profitable to them. The dip was almost $10 today. The only surprise to me was that the attack stopped when the price hit $36 3/8 instead of the usual $36 (coming from $55 less $10 plus $1). The usual mid-curse set took place ~$40 as expected but was weak. Right now the stock is testing $39 (the one dollar buffer zone) though still in the buffer. That is the second day in a raw we had the same $10 plunge trader initiated. May be we will see another one tomorrow ? Since the price went so much overboard according to any reasonable estimate ... and professionals. Why didn't you played those $10 plunges ? by staying on the side of traders buying puts & selling them as the day bottom is in sight.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next