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Strategies & Market Trends : Waiting for the big Kahuna
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To: William H Huebl who wrote (56269)11/15/2001 7:30:00 PM
From: Moominoid  Read Replies (1) of 94695
 
OK, sometimes you come across as really bearish and as if you were waiting to invest. Well the NDX calls are down on yesterday's close but News is up nicely and the puts I sold ($A14.50) are out of the money. Expiry is 29 Nov. I figure to just let them decay over the remaining time, unless there is a move up to $A15 then I might switch them to calls (I already sold one Nov covered call) (equivalent to 2.5 US ones in this case). Just need to check in on Da Contest to see how I'm doing there :)
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