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Strategies & Market Trends : DAYTRADING/SWINGTRADING STOCKS with INTRADAY INVESTMENTS -- Ignore unavailable to you. Want to Upgrade?


To: deronw who wrote (329)6/25/2001 9:09:06 PM
From: Ramsey Su  Read Replies (1) | Respond to of 565
 
Deron,

I am curious as to why you have chosen to short IBM July 110s. Assuming you are bearish (me too), why not 115s, or just buying puts? After agonizing over the choices, I took profit on my intraday shorts and bought July 125 puts, which was trading with almost no time premium. I figure this is equivalent to a short for 1/10 of the cost.

Ramsey



To: deronw who wrote (329)6/25/2001 11:03:03 PM
From: bowledover  Read Replies (1) | Respond to of 565
 
Deron, you show a loss, I assume, on JNPR of -1.15, having shorted the stock. Yet, in message 325 you suggested waiting until it went below 28 and looking at a chart for today (Mon.) I don't see it going below 28. So, is this chart incorrect, or were you already short from last week, or did you lose your notes? :^)

David