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Technology Stocks : IDTC Options Players (losers and whiners) -- Ignore unavailable to you. Want to Upgrade?


To: amoezzi who wrote (528)4/9/2000 8:14:00 PM
From: md1derful  Read Replies (1) | Respond to of 593
 
A:But don't you think it would be a little less risky to sell some out of the money puts here?? Also, wouldn't the margin requirements be better with lower strike prices...I'm not sure of this one way or the other....Don't misunderstand me...I wish you well with these trades...ya got more b**ls than I do!!
doc



To: amoezzi who wrote (528)4/13/2000 12:50:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 593
 
Amoezzi, I hope you're hanging in there. My only other thought on shorting puts is to never get yourself involved with more than you can handle if you were to wake up and the underlying has gapped down 5-10 points. Not that that will happen here, but that's what got me in big time trouble a couple years ago. I don't like the way the stock is acting and could get ugly if it were to break 30 to the downside. With the stock down 4.21% and the excuse of late, the Nasdaq up 3.14%, I am still not seeing *any* follow through on their news.

regards,

sf