Play It On Paper- Clappy's Newbie Option Thread Message Board

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Pastimes : Play It On Paper- Clappy's Newbie Option Thread

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To: Clappy who wrote (101)	7/31/2000 5:26:53 PM
From: Clappy	Read Replies (1) of 176

No trades today. I'm still trying to get a feel for the market. I was tempted to sell the remaining RMBS puts that I'm holding. However, I'm not playing with profit and still believe RMBS will cover that gap in the 60's should the NASDAQ test the lows of May. I'm thinking this week will provide us with a few more points on the upside, but then retreat back down. By Friday, I think the Naz will be sitting lower than todays open. If the short term charts begin to show an over bought condition, I may buy puts again. Anyone have any good candidates? -Clappy

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