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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?


To: KFE who wrote (1534)7/13/2000 10:59:39 PM
From: jjs_ynot  Respond to of 2317
 
Ken,

I closed the strangle at a small profit. The volatility increase was outweighing the time decay.

I agree that naked positions require constant monitoring as well as a firm stop discipline. I hadn't figured out the stop discipline so I just closed.

regards,

dave



To: KFE who wrote (1534)7/17/2000 9:24:52 PM
From: jjs_ynot  Read Replies (1) | Respond to of 2317
 
Ken,

I put on a call credit spread position today in NDX. Bought the 4400's sold the 4380's for a net of 5/8. A small return but for 4 days it seems low risk.

Regards,

Dave