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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Matteo who wrote (36943)1/21/2000 2:32:00 PM
From: taxman  Read Replies (1) | Respond to of 74651
 
never bet more on an option than you can afford to lose as you probably will.

regards



To: Matteo who wrote (36943)1/21/2000 2:57:00 PM
From: brian z  Read Replies (1) | Respond to of 74651
 
Almost the same situation here. I had 115 calls (paid from 3 3/4 to 5/8) and thought the # could be great. But I sold half of them at 3 before earnings and the rest at 3/8 on Wednesday morning. So I am a little bit better than breaking even. I wanted to lock the gain first before gambling on earnings. And I would run quickly when the bet is not working for me. I rarely hold option positions over earnings and I should never do.


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