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


To: PAL who wrote (3931)2/29/2000 5:44:00 PM
From: freeus  Read Replies (1) | Respond to of 8096
 
reselling puts on JDSU
Which ones look good to you?
I was about to jump into ELON today, then remembered.
Sold some puts instead at strike 70 for May.
Which led me to think...
It seems "safer" to sell cov calls and puts short term, where you can see them expire worthless with more certainty.And when buying calls or puts to go looooong term (like leaps) to give yourself more time for the type of market you want.
Although we get an up and down market within hours lately, don't we?
Anyway, I know it's hard to generalize, and be correct, but would that be a usually true generalization?
Freeus