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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Wyätt Gwyön who wrote (3396)2/22/2000 12:07:00 PM
From: RocketMan  Read Replies (2) | Respond to of 8096
 
You may be right, but I love the volatility of these cree options. If you are on the right side of the trade you can make a killing, both up and down. You can also lose big time if you are on the wrong side. But I can't complain about a 1000% gain in a month. I pulled so much out, I am just playing cree with a little bit of house money right now.



To: Wyätt Gwyön who wrote (3396)2/22/2000 12:10:00 PM
From: Poet  Respond to of 8096
 
I agree with your post on option volatility, MM. I've been taking profits on high flyers and buying the common incrementally on pullbacks. I took a very small position in June 170 calls when CREE=155, but will bail if the stock continues with weakness.



To: Wyätt Gwyön who wrote (3396)2/22/2000 12:17:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
You're right Mucho and I was looking at the puts but they didn't seem that juicy...still looking at Girish' AFFX, but not doing anything today. Hoping for further retracement and may sell puts. I didn't want to put a lot into CREE so calls were my only option (option tee hee)