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Strategies & Market Trends : Options

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To: Jill who wrote (2430)2/8/2000 5:53:00 PM
From: Poet  Read Replies (3) of 8096
 
Jill,

I'll take that segue and raise ya. :)

I'd had a GTC buy order in on the CREE Mar 50 calls, which hit at EOD during the CREE selloff. I'm delighted! For new options traders, setting a limit order at a "fantasy" number is not a bad idea. You never know when a strong stock will succumb to brief profit-taking.
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