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Strategies & Market Trends : Options

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To: Jill who wrote (5708)3/28/2000 10:55:00 PM
From: mishedlo  Read Replies (1) of 8096
 
To anyone,

I bought the Oct 175 (pre-split) NTAP Calls.
How do I determine the best time to sell these things.
Do not have the cash to buy NTAP outright. My idea was to do this play to reduce my margin.

Since NTAP ran up to about 250 (pre-split) would 125 be about right to sell?

My other thought was to hold until about a week or so from the next options expiration and sell then.

Very, very new to this game.
Help!
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