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Strategies & Market Trends : Options
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To: 100cfm who wrote (82)12/27/1999 12:05:00 AM
From: Jill  Read Replies (1) of 8096
 
Very interesting. I bought May 90s before split, when Gem was in the 80s, and they've done so well for me. So if Gem were to retrace a little I'd be tempted to buy some 75s as they're so cheap. Otherwise, I guess one would go for the 50s.

As with selling puts, I think it's only through repeated experience that you get a feel for it, as if by osmosis

Jill
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