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: Uncertain Walker who wrote (5738)	3/29/2000 12:25:00 PM
From: Jill	Respond to of 8096

Those are good plays, I think. It's a down day.

To: Uncertain Walker who wrote (5738)	3/29/2000 12:38:00 PM
From: edamo	Read Replies (1) \| Respond to of 8096

brian...cnxt... you sold the april 70 at 4.375 with the stock at 74....i sold the same contracts on 3/18 for 6, with the stock at 76.... trying to point out that a higher premium was available at a higher relative stock price due to added implied volatility as the stock began falling two weeks ago....your premium is good, but you can see the less then logical correlation between common and option....the psychological factor is what inflates or deflates the premiums....best sometimes to sell or buy, providing nothing fundamentally has changed when all are running for the exits....then when the option normalizes pick up the remaining pieces... good luck and congrats on your positions....the nasdaq sun will be shining sooner then later, inspite of abby raining on the parade....