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Pastimes : G&K Investing for Curmudgeons
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To: AMF who wrote (73)11/29/1999 5:07:00 PM
From: Uncle Frank  Read Replies (2) of 22706
 
I made an unusually good/lucky decision on Friday and punched out of all of my Q calls (but not the leaps). I had rolled January 200s into January 390s to gain leverage, but felt they were getting too long in the tooth and were too far out of the money to hold. People bitten by the greed bug will be taking a bath on their December and January series due to time decay... particularly those on margin.

The more I play this game the less I like calls and the more I love leaps.
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