SI
SI
discoversearch

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.
Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (10577)11/12/1999 1:24:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
When is the FOMC meeting? Is it next Tues or Wed? Option premium may not decay much until post FOMC meeting.

I went long BBY today though selling Nov 55 put. Its chart indicated it has fulfilled the support and is now freshly off its base in the upper 40's. With the shopping season just around the corner, this could be a great proxy to play the high roller Christmas Shopping season. Seriously, too much money from the stock market has been made by too many people and the trickle down economy has to play out. BBY, having already corrected, is not poised to gain from those easy spenders. BBY is going to be my I-exchange contribution this week.