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Strategies & Market Trends : Options

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To: Poet who wrote (5866)4/2/2000 11:08:00 PM
From: MMK  Read Replies (2) of 8096
 
Poet,

My first options trade was exciting although I have to say it was not my pick. I had an eye on QCOM, knowing that earnings were coming, however, I owe it to Jerry Miller who posted that the May options had been just released so I jumped in on the 130 calls. Fortunately, I sold for a profit. Unfortunately, I left another 50% on the table, but I am still smiling because my first options trade was a success and that was very important to me. I only had 3 contracts, but it was a big step for me.

The person responsible for giving me the confidence to close my eyes and make the trade was DM...a wonderful teacher :)

MMK
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