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.
Non-Tech : Invest / LTD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: drsvelte who wrote (3959)10/8/1998 6:10:00 PM
From: SJS  Read Replies (1) of 14427
 
Try doing index options some time!! Talk about adrenalin! Incredible!! Money either evaporates or gets created so fast it's mind boggling. Especially when you own it overnight. You dream about where the S&P Globex is going to trade while you sleep.

You wake up and bolt out of bed to check the early bird Bloomberg news at 6:30 to see what the futures have done to you overnight.

When you own puts and it was lock limit down....well....you sigh and pinch yourself. No dream here. No 111's either!!

It can just as easily go the other way. Today it didn't.

I think up tomorrow, as I'd like to make some on these OEX calls I bought for just such an occasion. However, I am hedged either way.

Regards,
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext