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Strategies & Market Trends : Tech Stock Options

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To: Tim O. who wrote (51127)	8/29/1998 5:31:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) of 58727

Tim you are soooo funny.... I have had a VERRRRRY VERRRRRYYYY expensive education.... if you look at my example of that SPX option on Thurs and Fri...you can see why futures could give you a better return.... however, there is just something about that unlimited risk factor....our old buddy Nemer doesnt touch them either...probably because he got burned once... I am not trading index options at the moment because of the steep IV on them and I didnt get in when Don was whispering in my ear earlier this week... so I am waiting.... besides..as I have told several people in PM's...I have been in a funk over the last week or two..and that is not a time to make decisions on index options...or anything for that matter... The Tower of Abs promises to get me in gear though ;-))))))))))) I wish someone would come forward that has traded the options on the SPOOS...instead of the cash

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