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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Gush who wrote (4130)1/22/2005 12:46:54 AM
From: Walkingshadow  Read Replies (1) of 8752
 
I can't give specific recommendations.

But I can say that, for me personally, if I were going to buy QQQQ options now (I currently have none), I would consider buying at the money puts with an expiry no sooner than May.

Before I did that, I would first examine things again prior to the open on Monday to see if it looked like a significant relief rally might materialize. If so, I would find an upside potential reversal zone, and lie in wait (for a short). If not, I'd lean towards buying puts at the open.

All IMHO.... it is always wise to do your own DD, of course.

T
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