Thank you Jill and everyone on this thread. Let me share a story that may illustrate why I need help.
In October, 1998, another threadster volunteered to share what he knew about options. I had been watching Dell at the time and listened to how people were making $, but had no idea. This person (who shall remain unnamed)has stayed in contact through PM's to take me from a low 5 figure portfolio to well into 6 digits. I read about the experience so many people have had in the market and to tell the truth, these heights are giving me a nosebleed.
Nobody I know...accountant, father-in-law <g>, other investors, have any idea how to handle options, timing, etc. I'll keep reading and try to figure out some kind of a plan to protect what I have.
The only Jan. call I have (140)I plan on exercsing, so I can wait on that until close to expiration. Even if Q pulls back dramatically, I'll be way ahead. The others are out to April or 01 LEAPS.
I appreciate having a place to write out these thoughts. Thanks for listening. |
