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 : Tech Stock Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: donald sew who wrote (32645)1/9/1998 3:28:00 PM
From: Kevin  Read Replies (2) of 58727
 
>>> I just tried to nail it a day early, which I should not do. Well my option price is down 1/16. So its holding fairly. <<<

Sounds like you're doing just fine Don.

I did something similar with IBM today. Wasn't sure if it had bottomed but knew that $100 has proven to be a good support. So I went ahead and shorted puts. I didn't want to miss the boat even if it meant being early.

IMO, if the SPX closes below 930 today, we will have a gap down in the futures for Monday (pending no market moving news worldwide) and then some bargain hunting.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext