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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (27980)11/7/1997 9:46:00 AM
From: Nemer  Read Replies (3) of 58727
 
CaT babe:

------>all you need to do in this market is buy a call and put on an index and you are going to make money

I differ with you on that statement.... Whoops, that's not tactful.
I think you are wrong......Whoops, that's stupid.
There are times when I have found that not to be true.... fair.
Let me try to explain why I see things differently......better

If the volitality drops, both will lose money...
Many times on the OEX ( my tracking screen shows p and c-- 4 x 2) as the plumment or the updraft in price starts to slow, both put and call will drop in bid / ask and in effect, both lose money.
The floor trader , after all he is the one calling the shot as far as price is concerned, charges a GREAT deal for movement in the controlling index price.
I have watched an OEX screen for several hours at a time and have seen it swing more than 200-300 points and have observed my example occur on both ends of the swing.........

Tact has never been my strong suit, nor has intelligence......heh heh
Imagine me telling the CaT babe she made a boo boo ....and in public too----uh oh. what have I done.........HELP David and Kev HELP

Regards----Nemer
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