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Strategies & Market Trends : Swing Trading With Options
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To: tuck who wrote (30)8/2/2001 5:28:16 PM
From: Dan Duchardt  Read Replies (1) of 88
 
tuck,

Few folks have the emotional make-up for them.

Yeah.. I'm working on that <ggg>. I started off with BRCD as a strangle, fully expecting it to meander around quite a bit. 4 and 5 point moves a day was a bit much for me though. Right now I could open it again for what I paid to close it +, but that's because it's pushing well above the range of maximum profit. Depending on how things look tomorrow, I may give another one a try.

Good input from McMillan. Maybe better to start off with the straddle and work it from there.

Dan
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