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Strategies & Market Trends : Options

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To: Atin who wrote (7674)5/8/2000 9:32:00 AM
From: Tom K.  Read Replies (1) of 8096
 
...Naked puts seem like the right thing to be doing soon on things like ORCL but after this last mini-crash (mini-crash 'cause I was in cash in march!), I'm leery of them....

Atin, NP's are great as a neutral to bullish strategy. However, the market is in a bearish stance right now that can easily encompass the best of issues. So be careful. The market goes where it wants to, so for safety, my suggestion would be to look at an investment approach that is in concert with the market's direction.

Of course CALL buying is a bullish strategy as well.

Just my 2 cents.

Tom
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