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 : Gorilla Game Investing in the eWorld -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (760)	11/19/1999 8:45:00 AM
From: Jill	Read Replies (1) \| Respond to of 1817

I absolutely would love options discussed on this thread. I know it's risky, but buying OTM options when a company enters a "tornado" (or, from others who've told me about buying OTM leap options) the profits are enormous. I wish GMST had leaps for instance. But I will confess I have bought calls and sold puts on QCOM, bought calls GMST and JDSU. When ARBA got enabled for calls I wish you were around, Tef, I posted you here...in any case, I was considering 160 calls, I forget which month, let's just say April. Imagine what they will be worth in April. I didn't do it because I just didn't have enough sense of ARBA. The problem with options I think is that the profits can be so juicy that people lose their minds. I believe there is an informed way to play options that reduces cost basis and is really profitable. Jill