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: ViperChick Secret Agent 006.9 who wrote (43416)5/18/1998 11:01:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
My friend who was a CBOE MM said they most definitely do.

I had also heard that from Camp quite some time ago. I imagine there are other external factors, but that is what I remember they said.

I do not think it necessarily wise to presume buying the puts in the next month during expiration is wise. As I mentioned to Dom it used to be a no-brainer but not so any longer.

The trend is starkly similar to '87, after which regulatory bodies clamped down on rules involving the short sale of puts.

Quite a number of people got badly burned because they had become accustomed to selling naked puts. Many went bankrupt. Of course, the old rules don't apply any more.

Wiser may be to leg into a spread, whether debit or credit, as Don was doing once or twice.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext