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Strategies & Market Trends : Tech Stock Options
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To: Patrick Slevin who wrote (38364)4/6/1998 1:18:00 PM
From: Electric  Read Replies (1) of 58727
 
Patrick,

Thanks.. it has killed me so many times for one reason..

I used to trade cheap and close.. SO I would buy the 105's of the current month on calls if the stock was at 102, and it didnt happen...

Then I got caught in a spread when it finally backed it way up to 100, so now my plan if any is to get in the money puts or calls etc a few months out for safety..

I hope I learned somthing from the money I lost on it..

E
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