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Strategies & Market Trends : The Art of Investing
PICK 47.40+0.9%Nov 28 4:00 PM EST

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To: Bald Man from Mars who wrote (31)9/2/1998 5:49:00 PM
From: Sun Tzu  Read Replies (1) of 10655
 
I'm waiting for after labor day for the head traders to get back to Wall St. and I can get a feel for what they are thinking. Right now I am out of the market. You may want to check out TDFX. This is one stock that I closely follow due to its great under valuation. The stock has very good potential and someday it will make a ton of money for someone. But it is in a serious down trend. Since its options trade typically at implied vol of 90 to 120 you can decide if you want to go long and sell calls, or go short and sell puts. Just becareful; I have a feeling that many people on both sides of the trade will get burned after TDFX anounces their quarterly in October.

Does anyone else care to comment on my option strategy?

ST
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