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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (31081)10/10/1998 9:59:00 AM
From: Joseph G.  Read Replies (1) of 94695
 
Bill, one day later is almost never time to reload on two - three months out options, spread will kill you eventually. I thought you may mean this, but there are also couple other possible actions I thought you could think of in Re: my prior post. That was why I asked - to make sure which. One has to be careful when money is involved.

I am still short outright, and have puts left, so I'm not in a rush to reload, BUT, if you don't have any, I'd buy at least some Oct ~ 5% out of money - just to have something if only waiting a day or two for a better opportunity.
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