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


To: Jill who wrote (4909)3/14/2000 9:29:00 AM
From: Teflon  Read Replies (1) | Respond to of 8096
 
Sometimes, Jill, it's better to do nothing than something! :-)

Trade what you know vs. taking swings at wild pitches. As ed and I have talked about before, this is the best way to trade options. Unless you feel truly comfortable with CNXT and owning the shares if they get put to you, I would stay away from the options on the stock until your level of knowledge regarding the company becomes intimate.

Just my opinions as usual,
Teflon



To: Jill who wrote (4909)3/14/2000 9:33:00 AM
From: Teflon  Read Replies (1) | Respond to of 8096
 
As follow up to my previous message, I have become obsessed with this ICOM stock and learning everything I can about it. Two weeks into the drill and reading everything ever printed and said about the company, I still would have no clue as to how to trade options safely on the stock. I usually need a couple of months of watching the trading action on a stock before I reach that comfort level.

Having said that, I have opened a long stock position in the issue, I'm just unable to predict timing of events....although I'm hopeful of something in the near term! <vbg>

Teflon