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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: bonnuss_in_austin who wrote (10035)3/13/2001 10:44:46 AM
From: Poet  Respond to of 10876
 
I'm going to try and have a little patience with my QQQ calls, as they're Aprils. I've put in a GTC LO to sell them two points above my buy price, so if we pop, I'll automatically pocket a 25% profit and look to reposition on any weakness.



To: bonnuss_in_austin who wrote (10035)3/13/2001 1:03:00 PM
From: mishedlo  Read Replies (1) | Respond to of 10876
 
bonus - in tech stay the course with calls and pray, or close out for profits, but I would not go short tech now IMHO. Option prices on NYSE retail stocks etc are good and that sector should be weak now.

Just my thoughts.
If the Naz bounces it bounces and it could be big. I doubt we see a big drop, but who knows.

M


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