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: Jill who wrote (2171)2/3/2000 12:05:00 PM
From: Poet  Read Replies (2) | Respond to of 8096
 
Jill,

I act fast. I took a hard look at the RUT chart and bought Mar ITM puts thinking we're due for a pullback in the next few weeks.

I'm thrilled about my CREE call sale, as I hit the high of the day. I like CREE a lot and have the common, but these calls were bought on Monday and ran so quickly that I thought I'd take the $41k profit and wait for the stock to calm down before I reenter. These were DIM calls and they really gave me a lot of "bang for the buck" when CREE ran.

I've learned to buy deep in the money and to take profits when I have them. Tough lessons learned from QCOM last month.