SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Teflon who wrote (3584)2/25/2000 7:03:00 AM
From: edamo  Read Replies (1) of 8096
 
teflon....jdsu and qcom...

agree with your analogy on put selling.....only caution is that the momentum of jdsu will eventually break as it did in qcom. nothing is easy....but a successful strategy i used with qcom was selling at or below the money on intraday weakness, which allowed a rapid closing and reopening of positions. in essence following the stock up point by point without owning a share......short term put selling involves a great sense of momentum and knowledge of support and resistance levels of the underlying...

good luck...ed a.

p.s....i sense the momentum returning to qcom, and the ignitor may be a resolve of china wto situation...risk yes, but worth taking atm or lower positions at least starting in july...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext