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


To: Poet who wrote (1164)6/2/2000 9:01:00 AM
From: Mark Z  Read Replies (2) | Respond to of 10876
 
I didn't buy any calls, but I bought some trading shares of CSCO, YHOO and INSP at the 3:00 dip yesterday. The puts were insurance and, as such, I really don't mind the loss other than no one like any loss. I'll sell some higher strike puts today to spread them out and recover some of the loss if I can. If the OEX gaps up 15-20 pts which certainly looks possible, I'll just forget it and see what kinds of games the institutions play during options expiration week. The gains in the stocks more than make up what I lost in the OEX options.

Where is TOTD? She doesn't call, she doesn't write....