Strictly: Drilling and oil-field services Message Board

STOCKTALK

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.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Big Dog who wrote (81973)	12/18/2000 1:32:10 PM
From: energyplay	Read Replies (1) of 95453

Edging out of my short term (January expiration) calls on E& P stocks. Keeping most of the Feb, March, and April ones. Fear of a big recessionary event/ major market drop and or rumors of warmer weather. Getting concerned about time decay - need to leave something on the table for the other party in the trade. Selling oil stocks which don't have large % NG. Been bringing in short terms puts on QQQ also - two issues here - PUT/CALL ratio is high, this give us a snap back rally. Also the Fed could act. A one week blip plus the time decay can really spoil a profit. Keeping IAH puts, with CSCO dropping, they're looking good. Looks like I'm waiting for Wells (WFC) to preannounce bad earnings. ;-)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next