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


To: Louis V. Lambrecht who wrote (2605)8/30/2000 5:23:12 PM
From: Jennifer O  Read Replies (1) | Respond to of 100058
 
LVL, the beauty of buying calls is the limited risk if we are wrong. I never buy ITM calls only OTM calls. If I am right I hit home run if I am wrong I risk a little. Afraid of being wrong is exactly the reason I don't sell puts.

I was fully margined till today. Now I am 15% margined. Will be back to a little cash before the holiday.

Have fun, off for dinner.