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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: SBerglowe who wrote (4771)9/16/1999 8:00:00 AM
From: Ken Adams  Read Replies (2) | Respond to of 39683
 
I haven't actually traded the QQQ myself. I've made several decent OEX trades over the last month, or so. But, the OEX premiums are out of sight. The Qs are more to my liking. I would suggest anyone trying this to double check your analysis (your DD), then buy out of the money in the under $3 range. Also, don't buy in the last 8-10 days before expiration as the premium will disappear in a blink. And, lastly, don't do this with your grocery/rent money <g>.

Ken