Are you considering quitting your dayjob to daytrade?! Message Board

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Strategies & Market Trends : Are you considering quitting your dayjob to daytrade?!

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To: Kevin McKenzie who wrote (296)	1/20/1999 9:02:00 PM
From: john o	Read Replies (2) of 611

<<(3) When a stock moves up, you are forced to watch "from the sidelines". You do not get the benefit of any move beyond the strike price of the option you sold.>> I haven't traded options and am hesitant to do so, but ... If the price starts moving down, couldn't you just sell short to protect yourself against the losses until the option expires? There would be some margin cost but it would probably be cheaper. If the price moves to the strike price, why not just immediately repurchase the stock? John

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