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Strategies & Market Trends : The Options Box

QQQ 622.00

+0.8%

Dec 2 4:00 PM EST

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To: TradeOfTheDay who wrote (5154)	9/18/2000 6:59:06 PM
From: Poet	Read Replies (2) of 10876

TOTD, I'm feeling mighty good about my QCOM LEAPs butterfly right about now, I'll tell you. In the interest of honesty, I have to admit I'd bought 50 Jan 75 calls, which I sold RIGHT before QCOM broke over 65 on Friday. I got back in today with the January 70's when I saw it broke through 70 as well (for a wee while, anyway). Boy, this is a tough market to trade. I made money on QQQ puts as well as on NTAP and SEBL calls, yet feel terribly dissatisfied by all that I left "on the table", as well as concerned about where the market will go from here. Does anyone else have similar feelings? (If not, Vood would you please pretend that you do? Thanks. <g>)

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