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Strategies & Market Trends : The OEX... gasp!

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To: Patrick Slevin who wrote (440)1/22/1997 6:55:00 PM
From: Patrick Hartmann   of 658
 
I agree Patrick....I sold my puts early this a.m. when the market was down..still lost money though (I hate puts!! I lost so much damn money because their value does squat when the OEX goes down..and their premiums vanish overnight when the OEX creeps up a little). Anyway, I bought long again this morning after I dumped my puts, but I think I bought too far out of the money, my options barely moved. Good luck tomorrow!!

Patrick
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