Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (8860)	11/1/1997 3:00:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Hi Bill, <<It is my contention that the high VIX is putting limits on market moves right now...you can lose one heck of a lot of money in expensive options right now.>> Yes i will agree with you that it is not economical to buy options those days due to the high volatility which is priced in those options. Therefore I SOLD out of the money option and thinking of a "BUTTERFLY" position or spread. Happy Trading Haim P.S. did not understand your second part of the post. and also thanks for the DJIA data.

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