SI
SI
discoversearch

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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: jjstingray who wrote (6518)11/18/2001 10:13:14 PM
From: ajtj99  Read Replies (1) | Respond to of 99280
 
Well, jj, futures are up 16-points tonight so far. The question is whether this will hold and become a gap & crap or if there will be follow through yet. I guess we'll have to wait and see tomorrow.

I also have some QQQ December 37 puts, but I'm letting them ride. It's not a huge position, so I'm not too concerned. Most of my cash is still on the sideline. Depending on what happens tomorrow, I may just go short the QQQ for a couple of days or just park it in USPIX.



To: jjstingray who wrote (6518)11/18/2001 11:15:51 PM
From: Chris McConnel  Respond to of 99280
 
jj,

just as a suggestion if you are concerned about a rise in the QQQ:

1. sell half of your puts now
2. buy some cheap Dec calls, like the 42 strike
3. buy back puts sold when QQQ rises above 42, using the cheap calls as a hedge

-Chris


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News