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

To: SecularBull who wrote (2969)	2/15/2000 12:01:00 PM
From: Ritch	Respond to of 8096

LoF - I agree totally on the margin issue. I am currently off of margin completely. I have had bad experiences with margin calls in the past and have learned from my mistakes. I now use margin only on a temporary basis in special situations. I have already made my decision on selling the Cree Calls. I was looking for others opinions on what they would do. The thought process on this type of transaction could be a very good learning experience for newbies. I have decided to hold off a bit on the CC's. The stock has been holding up very well in this market, so I will wait to make a decision. Thanks, Ritch

To: SecularBull who wrote (2969)	2/15/2000 12:16:00 PM
From: edamo	Read Replies (1) \| Respond to of 8096

lof...re: "40% drop in value of your account" if this is a "best rule of thumb", then your portfolio is highly speculative......if you are savvy with "advanced options strategies", your long portfolio should closely mimic the underlying index that you are weighted in.... comment on "higher percentage" if over weighted in options would equate to a portfolio that is being suspended by some very fragile threads...... great way to get wiped out in a rapid trend reversal