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 : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (84)	1/11/2000 12:24:00 PM
From: Zakrosian	Read Replies (1) \| Respond to of 30051

Steve - I've enjoyed reading your thread and I'm curious - do you trade short term options only? Reason I ask is that I've just started trading options but I buy the cheapest options I can find with the furthest out expiration date possible.

To: Steve Lee who wrote (84)	1/13/2000 4:10:00 PM
From: Steve Lee	Read Replies (1) \| Respond to of 30051

Sold all the RMBS calls at 9 3/8. Half were bought at 9 5/8 with the other half bought a t 6 1/2. RMBS was at 86 when I called the broker and 84 when the order was filled after 10 mins of waiting, listening to my order being read back to me, confirming prices etc. Placed an order to buy INTC Feb 90's at 6 1/4. They were selling at 6 3/8 when I called the broker, came down to 6 1/4 and went back to 6 3/8 with the order unfilled while he messed around on the phone again. I don't think I got filled on this one cos INTC has gone up about $1 since then. Not too happy with the broker - I applied for web trading a while back and it still hasn't been set up. Can't tell you who it is as they are a customer of mine so I have to keep huSCH !