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To: jmac who wrote (50768)11/17/1999 8:05:00 PM
From: J Krnjeu  Read Replies (1) | Respond to of 152472
 
Mr. jmac,

Then, I will go long the Jan series as the jan series costs only a little
more than the dec series.

So you mean buy Jan not April. Why buy Jan not April, April too expensive?

By saying go long you mean to hold them until Jan?

Thank You

JK



To: jmac who wrote (50768)11/17/1999 9:59:00 PM
From: Dealer  Respond to of 152472
 
<(had to be at a loss)>

Not!

Doesn't look to me like he lost those were Nov and Dec calls he sold.......not January as you stated in your post.

Here is his post:

post #50373

Yes, I sold all my Nov, Dec, calls just a moment ago because there is little to be gained here.
Is the market going to blast off this afternoon with no raise, I don't think so.

Downside risk is more than upside gain today.

just a thought.

V
dealer


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