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Strategies & Market Trends : The Thread

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To: stan s. who wrote (14194)9/15/2000 2:34:30 PM
From: Jo Ellen T  Read Replies (1) of 49816
 
OT Triple Witching Day back in the 80's- I was trading options - less than 20 minutes to go and my call options on one of the indexes was looking worthless, my broker called.
"Hey, you can still net out about 10 bucks on these if you sell." No, No I want to hang on. "Well 10 bucks is 10 bucks, you might as well take it", he talked and talked and finally I said O.K. Sell.

With less than 10 minutes to go the mkt took off- could have made a $3,000.00 profit if I'd held.

Don't ever get to options day without thinking about that one.

:) Jo Ellen
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