The Options Box 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.

Strategies & Market Trends : The Options Box

QQQ 619.21

+0.4%

Dec 22 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ajtj99 who wrote (9432)	2/6/2001 9:00:00 AM
From: Poet	Read Replies (2) of 10876

Hi there ajtj99, Thanks for your kind comments while I was gone. :) Re. the QQQ's, I see toscano has given you a very nice response and backed it up with TA and fundamentals. The only things I can add are that I think you're quite right that CSCO earnings (and let's not forget today's Israeli election) will move the market. We've been at an inflection point for a bit and, IMO, both the bull and bear cases for the COMPX's near-term movement are of equal weight about now. Flat at this point, as I remain confused about where we're headed, but I'll be watching CSCO very closely tomorrow, as I think their direction will determine the market's direction. I think you're quite right to assume that there will be a good-sized move tomorrow, and you may well want to box the Q's by buying the corresponding calls. A large move in the Q's, in either direction, will inflate the internal volatility of both your puts and calls and you'll likely make a profit regardless of the direction of the move. I'm considering doing this myself this afternoon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next