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Pastimes : Home on the range where the buffalo roam
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To: Boplicity who wrote (8623)1/8/2001 3:03:56 PM
From: Walter Xie  Read Replies (1) of 13572
 
I followed suit and dumped my QQQ. I'm going to take a breather with handsome gains since new year. It's necessary since I felt losing touch with the market over the weekend. I don't want to lose control over my action before too late...like Fed did <g>. No shorts, no longs at present except 10 Jan MO calls with strike at 42.5 bought last Friday. It's the first time I ever played options. Just wanted to try my hand in Options. The calls was cheap. Unfortunately, it's still cheap as of now, even as the stock rises more than 2 and almost to the strike price. Anybody has any clue why? And what should I do with my calls? Thanks in advance.
W
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