MDA - Market Direction Analysis 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 : MDA - Market Direction Analysis

SPY 665.67

-0.9%

Nov 17 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: HairBall who wrote (28239)	10/3/1999 2:13:00 PM
From: Matthew L. Jones	Read Replies (1) of 99985

LG, Wouldn't you think that some out of the money puts would provide cheap insurance to holder of longs without having to necessarily bet the farm on selling medium term longs in the face of a possible major up-move? Something that scares me more than a major up or down move, is the continuing of no move. Nobody is prepared for that scenario. Traders are nearly as willing to go short the market as they are long, but what do you do when the market sits in this stinking trade range and money remains on the side? I guess we could all write option spreads, but then what if the big move happened? Write option spreads with large out of the money long wings? There really is no good way to play a flat market. IMO Matt PS: Thanks for all the work on this thread. The only negative of this thread is that it has so much good content it takes a lot of time just to stay current! Good problem to have.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next