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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?


To: Brister who wrote (5846)7/13/2000 3:30:25 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 7434
 
Hadn't even looked at that.

I've been getting rather lazy, it's the hot months I suppose. I quit at lunchtime, and I do not trade Fridays. I suppose I'm getting crotchety.

I was telling Scott, I'm going to have to start doing something to liven up my day. Perhaps I'll Buy CSCO, Sell the Calls, write the puts, Sell an SnP to hedge the transaction, then Write the Futures puts against that, Buy in Futures Calls, and Sell an OEX or SPX Call.

That should cover everything. Then for my next trick perhaps I'll stand on my head and whistle "Yankee Doodle" in the key of C.

Trading this market has really been an exercise in patience. I have nothing else to do with my time other than come up with weird derivative scams. I should have done what I was thinking about a few weeks ago, Just keep Selling Sept Crude until the damn market broke. That was the play.

Hmm, it's back up today. This could be a touch of serendipity here......Perhaps I could Sell September Crude and go buy an option on an Exxon Station...........

Jeez, I hate trading in the Summer.