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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (6542)4/28/2002 5:43:50 AM
From: Dave Gore  Read Replies (1) | Respond to of 16631
 
OPTIONS HEAVEN/HELL ----- VRSN May 12.50 puts gain 900% overnight. May 17.50 calls go from $2.25 to 0 bid.

Nine of 10 options buyers lose and lose big, but when you win it can be kinda nice. Even so, how can one predict what will happen? I don't think any new investors to options should get in this game at all. It's way too risky. The current options contest is a way to show just how risky. So far about 2/3 of contestants are losing.



To: Dave Gore who wrote (6542)5/7/2002 5:02:05 PM
From: Dave Gore  Read Replies (3) | Respond to of 16631
 
OPTIONS CONTEST LEADERS ----Christopher Loe up 352%!

His $10,000 mock dollars worth a whopping $35,200! Congrats!

Only 4 of 13 are up. That's the reward and risk in options.
***

Leaders as of the close 5/7
1) Christopher Loe = QLGC May45P (QLCQI)
OPEN @ 2.10 --- PRICE = 7.40
2) Monty C = DNA May40P (DNAQH)
OPEN @3.30 --- PRICE = 8.30
3) Dale Baker = HHLF May 12.5C (UPFEV)
OPEN @1.30 --- PRICE = 2.20

Current Entries

Mon.
1) Surfratiam = LAMR May 45P (LJQQI)
OPEN @3.00 --- PRICE = 3.60
2) Claude Binette = ROOM May60P (URDQL)
OPEN @2.30 --- PRICE = 1.65
3) VegasMan = CSCO May15C (CYQEC)
OPEN @.85 --- PRICE = .15
4) Keith Williams = CPN May12.50C (CPNEV)
OPEN @.75 --- PRICE = .05
5) Monty C = DNA May40P (DNAQH)
OPEN @3.30 --- PRICE = 8.30

Tues.
6) J.P. = TOL May25C (TOLEE)
OPEN @3.90 --- PRICE = 3.80
7) Rangle = AMGN May55C (YAAEK)
OPEN @2.20 --- PRICE = .10
8) thestockrider = PTEN May30P (NZQQF)
OPEN@.65 --- PRICE = .35
9) tippet = HGMCY May 15C (QHGEC)
OPEN @ .60 --- PRICE = .45
10) Velociraptor = RYL May 95P (RYLQS)
OPEN @.80 --- PRICE = .25
Wed.
11) Dale Baker = HHLF May 12.5C (UPFEV)
OPEN @1.30 --- PRICE = 2.20
Thurs.
12) Christopher Loe = QLGC May45P (QLCQI)
OPEN @ 2.10 --- PRICE = 7.40
13) Ron = VRSN June 20C (QVRFD)
OPEN @1.70 --- PRICE = 0 bid