SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Option Trades

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: zx who wrote (183)12/31/1997 8:16:00 PM
From: Broken_Clock  Read Replies (1) of 2341
 
agraff,

I am cautious about the near term direction of the drillers.I still have a mix of calls open. I am long NE, MDCO GW into FEB & MAR & APR. I have JAN calls for HAL & GW. I will sell the HAL and GW January's as soon as they are back in the money. SLB was sold in the money when I caught the top of todays action.

Since the general market trend has been down, I want to get into puts more.DIS really is attracting my interest for a put. The drillers have been good for puts but I am not sure if they still are since they've been beaten down so much.Getting on the wrong side of a driller is a real learning experience. I've found that walking away from the computer an hour before the market closes can be disasterous!Most of the activity happens within one hour of the close and one hour of the open.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext