Selling Puts: Have Cash Will Travel Message Board

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Strategies & Market Trends : Selling Puts: Have Cash Will Travel

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To: taxman who wrote (1065)	1/26/2000 9:10:00 PM
From: Jerry Olson	Read Replies (3) of 1235

Taxman.. DELL's warning was because of a "shortage" of chip sets..meaning demand was outta control...they couldn't get delivery in time to make the quarter..what's that tell ya... the other reason was Y2K lockdowns..major corp's did not buy till after the event...they are now... happen to IBM too.. this is a ONE TIME EVENT..and if this isn't a buying opp i don;t know what is... might sell the Y2001-2 Naked Leap on DELL...deep in the money like the 45's...maybe the 50's..think DELL might be 50 in year or two??? please do not knock someone's perfectly good trading acumen when you just don't like the trade.... i have friends selling both naked calls and puts on the OEX each and every month..raking in large money, and managing these trades like the Pro's they are... whats one man's trading tools, may not be another's!!! ???? what's the diff how we make money..if it works for me??? the people that come here and beef about this type trading haven't got a clue??? they are simply novice's... probably never trade options of any kind, and ALWAYs lose money if they do trade them... they figure noone can work these type trades.. it's pure bullshit...

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