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 : Roger's 1998 Short Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: NYBellBoy who wrote (7985)4/28/1998 1:33:00 PM
From: Mr Logic  Read Replies (1) of 18691
 
NYBB, re puts, it seems that near-expiry, just-in or just out of the money puts can be a good deal so long as you don't put so much in and are prepared to lose all. I put about 10-15% of a "normal" amount into puts. So a loss is like it going 10-15% away from you if you are short - and it is capped, safe against surprises. Good for quick profits rather than a traditional short waiting game. It worked well with ZITL May 10s yesterday (up about 200% and rising) and SEBL Apr in the money 32.5s the day before expiry (about 80%).

Also used the same approach with calls which helped me out of a badly timed IFMX short, and worked with puts on IFMX at a different time. And I have lost the lot on occasion!

Good luck.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News