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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread -- Ignore unavailable to you. Want to Upgrade?

To: TraderWithNoName who wrote (638)	2/7/2002 10:30:42 PM
From: Hans	Read Replies (1) \| Respond to of 4058

I finished my current stint at WFC today, and may have some more time to trade when I'm not travelling. The straddle looks interesting. It worked well for CYMI. The trick is to buy undervalued options... kind of like buying undervalued stocks. It helps to have a crystal ball. I'm also looking at the QQQ more. I've been looking at the nasdaq chart and then shorting equities, which move too fast. I may as well go to the source and use the SMH or QQQ. Today I sold covered EMLX Apr 42.5 puts. -hans