SI
SI
discoversearch

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 : Options -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (783)1/7/2000 4:54:00 PM
From: Ritch  Read Replies (1) | Respond to of 8096
 
Today was a great day after the last three!

I was going to do nothing today, but felt that QCOM was due for a rally so I picked up some more Jan 02 125's. Got them at 65 so they are already in the black. Aren't the $5 spreads on some of the options unreal?

I also bought back some of the Jan 92.5 Puts that I sold a few weeks ago. I bought them back for .25. I needed to free up some margin so that I could sell some more puts.

Hope today's rally helped everyone else out as much as me. I recovered about 1/3 of the last three days losses today. Makes for a much more enjoyable weekend. :o)

Ritch