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Strategies & Market Trends : Harmonic Trading with The Phoenix

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To: the-phoenix who wrote (888)7/28/2003 5:41:48 PM
From: Jorj X Mckie  Read Replies (1) of 941
 
do you ever weigh where the vix is when deciding on whether to buy or sell options?

My thinking is that longer term long puts are going to be the play when the timing is right. (I may wait for the capture of Saddam). The idea being that selling calls isn't going to garner too much premium and if you are buying longer term puts, you are paying less premium.
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