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


To: Atin who wrote (7674)5/8/2000 6:56:00 AM
From: Jill  Read Replies (1) | Respond to of 8096
 
So we're in ORCL together, huh? <g> EXDS was given a nice review as part of a roundup of the "best" stocks in Fortune recently. I never got into it but think it's worth holding if you've been in it for awhile. I think 75% cash is smart. What can I say about selling puts after getting singed? I'd stay away from them until we're definitely out of the water.

What are you thinking of buying puts on?



To: Atin who wrote (7674)5/8/2000 9:32:00 AM
From: Tom K.  Read Replies (1) | Respond to of 8096
 
...Naked puts seem like the right thing to be doing soon on things like ORCL but after this last mini-crash (mini-crash 'cause I was in cash in march!), I'm leery of them....

Atin, NP's are great as a neutral to bullish strategy. However, the market is in a bearish stance right now that can easily encompass the best of issues. So be careful. The market goes where it wants to, so for safety, my suggestion would be to look at an investment approach that is in concert with the market's direction.

Of course CALL buying is a bullish strategy as well.

Just my 2 cents.

Tom