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 : Identix (IDNX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: James Overko who wrote (1141)5/21/1997 6:45:00 PM
From: Peter Caradonna   of 26039
 
Hi,

I'm new to IDX thread but have been around SI. Keiko has told me about IDX and I finally bought in a few weeks ago. I use options alot so I just wanted to comment on the options analysis.

After a stock has been on a run like IDX, many short it as a matter of principle. Many calls are bought to hedge short positions. Puts on the otherhand hedge long positions, I bought 10 puts to lock in profits here. I do this regardless of my feelings of the stock. It's like fire insurance, you hope not to use it but glad to have it if it is needed. This may also explain why most options expire worthless, unneeded insurance. Anyway, my point is that options are bought for all reasons. Usually if anything they are a contra indicator. My feeling is that they are a poor indicator of anything. Although sometimes they are fun to watch.

You all seem like a good bunch, hope I can contribute to your chat.

peter
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News