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Strategies & Market Trends : Gorilla Game Investing in the eWorld

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To: Ritch who wrote (965)12/10/1999 6:16:00 PM
From: Jill  Read Replies (1) of 1817
 
Hi Ritch, I didn't get to watch the stock today but I see the day's range is 383 to 400 (approx). So if you sold at or near the low of the dip that seems particularly good. I was taught to sell puts (and buy calls) when a stock is oversold. In particular for selling puts. That way with these volatile stocks you can "position trade", i.e. buy the puts back when you feel like it, when they deteriorate a lot in price.

Jill
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