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

To: Poet who wrote (891)	5/30/2000 11:30:00 AM
From: TradeOfTheDay	Respond to of 10876

yes - the volatility on the OEXs is wonderful ... I really enjoy trading them one thing that has improved my performance lately - is looking at charts of where the specific options have been - and putting in low LOs on them. there is so much of a swing , that the LOs are hit more often than not edit : except on those %^&&*^% calls ... I just have not been able to get rid of those things

To: Poet who wrote (891)	5/30/2000 11:32:00 AM
From: Mark Z	Read Replies (1) \| Respond to of 10876

Watch premium erosion on those puppies. They lose a fraction of a point daily and that will accelerate during options expiry week. As a rule of thumb, I hate to hold OEX options overnight because of that. Of course last week I violated my rule & lost 4 points because of it; had some puts that I could have sold for around 17 1/2 on Wednesday and ended up selling them when OEX was at the same point (mid 730's) on Friday for around 13+