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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (1769)	1/2/2000 12:07:00 PM
From: TigerPaw	Respond to of 2241

. I will assume that you own the 2001Jan35. (TYC) That is correct, I read the CBOE chart a little too quickly and picked the wrong year. Still when I bought the calls I only had the thought This company's got to be doing better a year from now and had only a vague strategy of when to sell (or whether to just buy at $35 next January). I think I'll hold on a minimum of a few weeks to see if there is a "January effect" for the stock and try to get a feel for how long the SEC will be looking at the books. I have a gut feeling that now is not the time to lock in profits. I previously only held fairly short term (1-2 month) options and while I like the luxury of more time to consider I also feel that my previous strategies are not necessarily relevant. TP