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 : Tech Stock Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: C.N.S. who wrote (16364)7/22/1997 9:06:00 PM
From: j g cordes   of 58727
 
CNS thanks for your excellent post and confession on investing (we all have them). BAY, in my humble, should stall tomorrow or drop for two reasons... a. its relative strength compared to competition and that its come back some already b. that today's action overall needs a breather. If, however, their ceo does a rousing job in the interview on CNBC, he may paint BAY as a major turnaround play. It also depends on the sidekick analyst they have on tap to ask questions... could be a negative spin type.. who knows.

Regarding trading options, I've tried to find some trick of the mind that helps anyone "see" what their chances are and to react better. This might help. Make a bollinger band on the stock you're trading using a 5 day value. Then erase the rest of the chart except for the range defined by the bollinger... usually that's all you're trading and have to make or break your option bet.

In other words with an option you're normally playing a very narrow trading range of the stock NOT THE WHOLE STOCK CHART... so get it off the page... and get hyper focused on where it moves in the short run. On an 80 dollar stock one's only concerned with 4 points, that's it the other 76 don't matter.

Just a thought..

again thanks for the BAY information, I'll be watching tomorrow also
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext