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: Atin who wrote (5765)3/29/2000 2:52:00 PM
From: Jill  Read Replies (1) of 8096
 
I put in limit orders. If I really want it I put in at the ask otherwise a midpoint.

I never do market. Got burned once that way. Learned my lesson. (They held my order for a while and filled it at the high of the day and immediately the price came down 5 points)

You just get more bang for your buck with DIM than if you play the common.

Ed makes a very good point and it's something I haven't learned well yet, which is the timing of the play, for maximum premium because of volatility/psychology. For instance, when QCOM started to run, more premium was immediately added into the calls/leaps the following day.

Gblx is oversold--if you look at the chart 40 is pretty good support. So you sell puts when oversold. It has sold off from a recent hi of 58 I believe.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext