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Technology Stocks : Echelon Corporation (ELON)
ELON 21.88+10.1%Oct 6 5:00 PM EST

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To: ahhaha who wrote (2342)6/16/2000 11:59:00 AM
From: tuck  Read Replies (1) of 3076
 
Ahhaha,

Hedging by selling time premium is simply betting a security doesn't move in a straight line, a very safe bet.

>When it works you are emboldened to go naked and then you enter the path to ruin.

And here you put words in my mouth. Maybe that's what you'd do. I found that when I dabbled in call buying I consistently lose, so I learned to play the other side and consistently win, rather than occasionally or eventually win big. It's all a matter of style and time frame, to say nothing of beliefs. Ours are clearly different, and I've said about all I have to say on this. I hereby let the thread revert to ELON.

Cheers, Tuck
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