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Pastimes : Ask Mohan about the Market

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To: D & G who wrote (11826)	12/18/1997 8:27:00 PM
From: Bilow	Read Replies (1) of 18056

I'll take a whack at those options profits... Man, if I had kept some WLA puts a couple weeks longer, or my TXN puts, I would of had some monstrous money. It always seems like I should just let them run to expiration. (Sorry for the bad word.) I like to see a 100% profit, and I expect to see more than half my transactions lose badly. But it's more fun than profitable for me. Who knows. I'm pretty good at figuring out where things are going, but sometimes I am too early. So I've done better with far expirations. (Though I closed out an overnight double on dow puts today. Maybe I should of waited till tomorrow, cause the market doesn't look healthy overnight.) -- Carl

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