Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: Tommy Dorsey who wrote (9038)	8/24/2000 6:09:02 PM
From: XOsDaWAY2GO	Read Replies (2) \| Respond to of 9427

I thought writing options was a way to be short the equity. Would you please tell me why buying puts would be better in this case of low VIX. Thank you, Barbara

To: Tommy Dorsey who wrote (9038)	8/24/2000 9:39:09 PM
From: OX	Read Replies (1) \| Respond to of 9427

as you say, "in general" that is true, but unless you're specifically playing the OEX, VIX may not be relevant. there are plenty of underlying out there which currently have higher volatility to their respective historical norm. and, by the same argument, there's nothing to say the VIX can't and won't head lower. just wanted to point that out things need to be noted on a relative basis, but in general your comments are worth heeding.