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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dclapp who wrote (26604)9/21/1999 7:37:00 PM
From: Matthew L. Jones  Read Replies (2) | Respond to of 99985
 
I managed to lose $4000 last month in QQQ puts, which I accumulated over time as the market looked overextended. I found the options to have too wide a spread, constantly changing implied volatility, and abnormal time decay about 10 days out. I was, in a word, underwhelmed. I'm glad to know where some of my money went <ggg> indirectly. Matt