SI
SI
discoversearch

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 : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Davis who wrote (333)6/25/2001 11:31:55 PM
From: -   of 565
 
When there's significant market risk, we hedge it off by buying a cheap call up higher out of the money. Essentially, it turns it into a poor-man's vertical credit spread. On any gap or other untold even, you're only at risk for the spread between the strikes minus the credit. e.g. right now we're short NVDA that way... if INTC were to come in with a $200/share tender offer tomorrow morning, no problem.
-Steve
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext