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Strategies & Market Trends : Tech Stock Options

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To: broken_cookie who wrote (46934)6/26/1998 11:22:00 AM
From: Nemer  Read Replies (2) of 58727
 
Rich --

My programmer must've been reading some of the books Pat sent along with the booze -----

Spreads and straddles and butterflies ----- and this dang box didn't even call the direction right a while ago ----

SPX at 1133.59 ---

I'm thinking, I don't want any of the cheese, I just want out of the trap
----- and the BBx sends a I could buy message (at 1132.50) sell out at break even for both positions, which it says will only take a little over a point upwards move from there ........

I think I'll kill the programmer and plead justifiable homocide .... or maybe self defense.......

The funny thing is he knew I wasn't going to trade today cause of the construction, but no crew here now til Monday, and that's the trimout group -----
so I just sold out for a loss -----
to heck with the cheese ......gggg

I did get on the phone with him and he said he really didn't know that I was planning on making a trade and he was trying out some new stuff, knowing that I'd look at it later this afternoon ....
oh well, it could have be a lot worse ...... gggg

Regards --- Nemer
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