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Politics : Idea Of The Day

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To: GROUND ZERO™ who wrote (34446)10/5/2000 3:26:52 PM
From: PMG  Read Replies (1) of 50167
 
Well, I will hold them till tomorrow. In this case it's a 5900 DEC00 DAX put. With today's close of the DAX it's 0.33/0.35 bid/ask and I bought them @.37 about 14.00CET. The DAX reacted poorly on the selling and so I have a second chance tomorrow if todays close. especially of the Dow is weak. My third chance is when the NYSE opens tomorrow and it's ACTUALLY going down. When todays close looks rather positive, I will sell the option right before the open and maybe get calls...

PMG
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