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.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Fiscally Conservative who wrote (47951)7/26/2000 11:47:34 PM
From: astrophysics  Read Replies (1) | Respond to of 93625
 
> But then again one will still make money holding into exp. The smart play would be to trade the leaps. Greed is the essential ingredient in financial disaster.

I agree selling the calls a few months before expiration is probably a good idea, if for no other reason than to make it easy on me. I guess that would be an argument for the Jan 03's.

>You might want to consider a spread play over a
> few months to optimise your entries. Next year may turn into a category 5 Hurricane for all Bulls leaving the only the Bears to pick through the litter-be careful

I'd rather not get too involved in short term ups and downs. But would you be more specific about your suggestion for my consideration? Do you mean a spread by buying a call and simultaneously writing another call that expires a few months later? Or do you mean buying a call when it's low (e.g. now) and writing another call for the same expiration date once the price goes up some (hopefully in a few months)? Or do you mean something else entirely?

Thanks,