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Strategies & Market Trends : P&S and STO Death Blow's

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To: CapitalistHogg™ who wrote (19135)12/10/2002 5:32:43 AM
From: ig  Read Replies (3) of 30712
 
<<Tomorrow morning if the nas gaps down I'm going to sell my puts (hedge)and buy more calls.>>

I may do the same with C calls. However, I have heard that the Wednesday a week prior to options expiration is when options begin to suffer the greatest time decay, and I've been advised that a day or two prior to that time is a good time to start looking at the next month.

Have you heard this? What do you think about it?

<<Post bubble hangover still is dominant theme.>>

And the recent counter-theme — buy in the Fall, sell in the Spring — is beginning to fade, but there's a new theme emerging: Intervention. (I have a more to say on this, but it's probably too off-topic for this thread.)

ig
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