Silicon Investor (SI) -- The First Internet Community

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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Brad Bolen who wrote (43447)	9/12/1999 7:20:00 PM
From: wanmore	Respond to of 94695

Since this is on the options thread I thought I could throw this one out there. I have used it a few times now and been successful, although not in the Big Kahuna kind of way. When you expect a very large move in a stock (such as the internets) but know that move could go either way (like the internets), buy calls about $10 out of the money and puts about $10 out of the money. If the stock moves $20 in one direction within the next 2 - 3 weeks (which they have a high probability of doing) you will make a nice profit and gain a free option for use if the stock reverses direction before expiration. The following is a list of the most volitile that I have found. DCLK, VRSN, INKT, HLIT, HIFN, EBAY, QCOM (maybe not anymore, but prior to the earnings warning it worked well) and YHOO. AMZN also fit in the list but I'm not sure if it will still work since the split