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 : The Amateur Traders Corner

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Hua who wrote (12740)8/16/2001 2:49:52 PM
From: SpecialK  Read Replies (1) of 19633
 
Tom,

Looking at MRVL, the time to buy puts was last week. You really should buy more time than the rest of the week.

With options, time is not on your side, so you need to buy as much time as makes sense. A safe bet is 3 months. You pay a premium but it's worth it. You may be right about the direction of MRVL going below 25. But allowing only a few days to a week, for it to be right, increases the chances of losing all your money.

FACT: 80% of all options expire worthless.

Good luck.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext