Options Message Board - Msg: 13735164

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Vol who wrote (7803)	5/18/2000 4:11:00 PM
From: freeus	Read Replies (1) of 8096

re sell low buy high The problem is options (that's the name of this thread, remember)...I sold puts on stocks I thought would never sink to the levels where I'd have to actually purchase them. Qcom 155:put was sold when it was around there and I thought it was on its way again (up that is)...that was April's miserable buy. May's...brcm, sold put for strike 210, will be buying it at that tomorrow (200 shares) because I never bought the sold put back. Gmst: sold 5 for strike 70 that I thought was way low...but three were exercised early so I bought 300 at 70 when the price was/is in the 40's: the other two I bought back(at a loss however) when the stock went up to the mid fifties the day before yesterday. ELON: don't have to buy it at 70 on Friday: when it spiked up on Monday I bought the puts back (at a profit, yahhhh). I guess in the end it will all be ok: after all gmst and qcom are my core holdings and brcm is not a bad core (in spite of today's negative news). But right now it's pretty horrible. Freeus

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next