SI
SI
discoversearch

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 : The Options Box -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (352)5/16/2000 3:39:00 PM
From: TradeOfTheDay  Read Replies (2) | Respond to of 10876
 
I am a mere novice... but obviously Mark has it down pat

lots of volume and open interest in the OEX all the time....

I am chattering like a magpie this afternoon...still basking in the afterglow of selling all those puts....<g>



To: Poet who wrote (352)5/16/2000 3:46:00 PM
From: Ritch  Read Replies (1) | Respond to of 10876
 
Hi Poet -

I just did my first ever repair on Puts. I bought back the GMST May 57 1/2 for 7 (they were over 16 less than 2 weeks ago) and sold the Aug 50 at 9 1/2. This will give me $7 1/2 more downside protection, and put some money in my pocket. These options are very thinly traded. I am the only volume on both trades!

Real nice day in the markets, but I wish EMC and RNWK would come back. The Naz seems to be getting stronger heading towards the close.

Ritch