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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: longdong_63 who wrote (993)	8/22/2000 9:51:43 PM
From: the-phoenix	Read Replies (1) \| Respond to of 100058

Hello to Long (Short?) Dong: I have a question for you, besides the obvious one (which is, why in the world would you pick such a handle, and do you really expect to get much respect from folks when you call yourself such things???) The question regards your choice of strikes for the QQQ puts? I am currently favoring the 95's, which seem favorably priced relative to the more OTM strikes, perhaps due to their relatively high liquidity. (Spread is only an eighth as of today's close.) Profit potential on short term swings is quite good too (as well as risk potential - I got whipsawed pretty badly today on that brief spike through 4000 on the NASDAQ.) Would appreciate hearing your thought process on contract selection. Thanks. The Phoenix \```> //