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Strategies & Market Trends : Classic TA Workplace
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To: skinowski who wrote (120896)6/22/2005 9:54:33 PM
From: The Freep  Read Replies (2) of 209892
 
I dunno, Ski. Even by DD standards, this is a long consolidation in a tighter than normal range. But yeah, might only move 3 bucks, and if you have to play out even to the Augusts, the straddle wouldn't be fantastic. Then again, if you caught 5 points (10%+) on one of those dow/nyse stocks, you can make a serious %age on the options.

If you're right <g>
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