INTEL TRADER Message Board

STOCKTALK

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.

Technology Stocks : INTEL TRADER

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Chris who wrote (4754)	12/4/1998 11:21:00 AM
From: John Harton	Read Replies (2) of 11051

Chris, Jury and other leapers. As a fellow leaper just curious as to how you make the decision on whether to buy calls/puts vs long/short the stock. I generally purchase leaps to gain leverage and limit potential loss. It certainly seems cheaper than buying on margin. I also try to avoid high dividend stocks leaps as leapers don't participate in the portion of profit used to pay them. I also use leaps for both "trading" and "investing". In the investing mode I rotate from Jan99 to Jan00 to Jan01 etc. usually holding 2 expirations simultaneously but almost never being totally out of a stock that I have positive long term expectations. In trading mode its "hit and run". Recent trades(last 2 weeks) Sold LMFAR@30 3/8 bot @ 19 (too soon) Sold LNLAS @31 bot @9 1/4 Sold LPJAH @11 1/2 bot @6 1/2 Bot ZNQMY @ 1 1/2 (AMZN puts on 12-1) Bot QWLMK @ 7 (LCOS puts on 12-1) Getting ready to watch SNSLL (Sunstrand calls) expire bot@5 1/2 Hoping for a 2 pt pop in KRB to exit KRWLY bot @ 1 Happy trading -John

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next