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Strategies & Market Trends : Don't Drink the Kool-Aid Kids
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To: Poet who wrote (556)5/8/2001 3:32:17 PM
From: Stoctrash  Read Replies (1) of 1063
 
<< just took losses on OEX and NDX puts. The jerky volatility is making options trades held for more than a day or two just impossible.>>

Good Poet....unless you be a seller of them...trading them when it don't pan out is the ONLY way IMO. I told some guys privately the last few weeks to SHORT RMBS...some went with puts and didn't make much for this reason even though the stock tanked.
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