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: Mark Z who wrote (401)5/17/2000 10:06:00 AM
From: TradeOfTheDay  Read Replies (1) | Respond to of 10876
 
Yes - buying Junes because of decay - and because I'm still a little unsure of myself - and the OEX moves... not quite in the groove

Chose the strikes for different reasons:
1) close to monies- calls and puts - hoping for a good move quickly- snapbacks, rebounds ,AND where there was high open interest and volume the day before

2)OEZRJ - close to the 200DMA.. and with a June , may have time to get there... again , high OI and vol yesterday



To: Mark Z who wrote (401)5/17/2000 11:30:00 AM
From: TradeOfTheDay  Read Replies (2) | Respond to of 10876
 
I had a good plan but just not quite fast enough executing sometimes.

In the end, I bought the OEZFR calls @ 15 and 16 - now underwater on those... bought again at 13... and have a LO in at 12 1/4

also bought the OEZRJ puts @ 10 7/8 - sold @ 12 1/2 and 13

soooo... bring on that rally ! Cramer and I are waiting