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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (173)5/24/2001 4:00:26 PM
From: Jenna  Respond to of 1227
 
DITC June 17 call options trading at $1.00 pretty good risk reward but of course HOLDING ANYTHING THROUGH earnings is exceedingly risky. Do you own DD or just hang out and see what happens in after hours. WE NEVER HOLD ANYTHING BUT small put/call positions (usually 10 to 15 contracts) and don' risk exposure because in the final analysis no one has any inkling of how any stock in this universe will do and with that in mind we put together as many criteria as possible and end up with circumstantial reasons to hold. With earnings plays, you are in an eclipse area (a dark side) until the report comes out and you lose a modicum of control so the risk is greater. (the reward is also greater)