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Strategies & Market Trends : Tech Stock Options

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To: David Cope who wrote (5979)3/12/1997 11:19:00 AM
From: Kevin   of 58727
 
David. >>>Not sure the risk reward on that would suit me. <<<
I hear ya. I don't see any risk of CSCO taking a trip below $50 on a closing basis (famous last words). The reward isn't all that big...I'm trying something new over the last few months. Instead of thinking about % return on each play, I'm thinking of "how can I make a fast 4-figure profit". Grabbing 4-figure profits on a regular basis adds up pretty fast...once in awhile, a play goes against me (you already have seen that), but once in awhile the 4-figure profit turns to 5-figures. Thinking in terms of dollars, instead of in terms of % has helped me I think. Do you, or does anyone else have comments on this? Quite a few people I know have a tough time knowing when to take profit (including me). This seems to help me pile up profits more consistently.

Anyway, I sold puts again on CSCO. Same month & strike but for 1 5/8 this time (a little bargain hunting when the stock dipped near $50).

I agree with you on MSFT, INTC & AOL.

>>>Any other ideas 'Oh Wise One' ? : ) <<<
Hmmm. Are you being a bit sarcastic with me? :)
No new ideas...just watching my list of stocks closely at the moment.

Talk to you later.
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