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.
Technology Stocks : Electro Scientific???
ESIO 29.990.0%Feb 1 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Oliver who wrote (692)7/7/2000 2:32:31 PM
From: Jerome  Read Replies (2) of 723
 
Mark, I've been trading options for 11 tears. 95% of the options I write are the semi-equipment stocks.

I use two strategies: as a stock approaches its high I write a covered call at higher strike with 1/2 of my position.

If the same stock crashes for some unknown reason (EGLS, ASYT, ESIO) I will buy in the money calls going out 1 to 3 months.

Options are peculiar in that at some periods of time nothing works out. And at other times everything I do works out. There is no way to even out the bumps.

What undervalued options do you like at the moment? I have been doing the math on EGLS and LTXX, but haven't decided on a plan.

My current option positions I will hold until earnings are released.

Regards, Jerome
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext