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.

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

To: bonnuss_in_austin who wrote (10045)	3/13/2001 10:15:59 PM
From: robwin	Respond to of 10876

Hi Bonnie, My word of the day is whipsaw...I could never be a daytrader...every little gyration makes me nervous...i bought some QQQ in afterhours tonight...wake me after the fed meets...

To: bonnuss_in_austin who wrote (10045)	3/13/2001 11:04:02 PM
From: mishedlo	Respond to of 10876

I am hoping for a little runup in this jewel and hopefully lower implied volatility. I like to buy slightly in the money options if they are affordable. I have to say that 25's for a couple of points seem tempting but the delta is not worth it especially if this gets back to 50 (max pain). If they rally this turkey to 50, I will be all over it. Perhaps Poet or toscano has an idea on which options to buy based on delta. Here is a chart I like as a short right now. When the 13DMA crosses the 50 - go short. I will not wait, Will do a starter position tomorrow. This is exactly the kind of chart I am looking for. DOW stock near the top with a clear S/L, about to break down, with cheap puts. Find me some of these. BA is another. clearstation.com M