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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (646)	1/4/2000 5:06:00 PM
From: RocketMan	Respond to of 8096

Well, today my Feb and Apr Qcom puts offset one third of my leap losses. It would have been more, but my puts are OTM because they are only for protection against a deep correction. Would like to sell them tomorrow, but maybe I will hold them to see which way the wind blows. I may sell my remaining common, though, to jump on leaps. The only problem with this strategy is it sure takes a lot of watching.