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Strategies & Market Trends : Tech Stock Options
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To: kiwi who wrote (27483)10/30/1997 6:02:00 PM
From: Dwight E. Karlsen  Read Replies (1) of 58727
 
Re DJX:

I bought the DJX Nov 75 put yesterday as my first index option purchase. So far so good. I like it because it's slower moving than say a Dell option, where you have brokers clashing with recommendations, rumors flying on the trading floor, etc. To me, the DJX puts have so far been the most worry free 31% single day gain yet. And you gotta love that dive into the close, and the effect today's DJIA action will have on the Hang Seng, etc. Tomorrow should be another good day (for DJX put holders).

DK
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