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Non-Tech : QQQ - Nasdaq 100 Trust -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (186)1/1/2000 11:58:00 PM
From: matt04  Read Replies (1) | Respond to of 840
 
I picked up some jan 145 puts a while back at around 5 bucks. I gladly watched them fall to just under a dollar. I might let them go(to zero) but I might also sell and roll over my hedge into the march contracts. Not really sure yet. I usually like to roll over my hedges or long option positions a week or two before expiration. This way I still have some time premium and won't get caught up in any market maker manipulation close to expiration. You will probably see a sharp drop in the jan put premiums come monday with no visible Y2K issues affecting the market as of right now, no matter which way qqq opens...Good luck...