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


To: jetcityrandy who wrote (89744)7/2/2002 10:55:39 AM
From: Win-Lose-Draw  Read Replies (1) | Respond to of 99280
 
What will you buy back in WITH?

Calls, almost certainly, but *when* I'm jumping in is an open question. I got smacked yesterday, earned that back this morning, and this time I am waiting on the sidelines for a clearer signal.

Call me a coward, but I have to admit to myself I simply have limited visibility right now and am sitting it out right now.

EDIT: I prefer deepish ITM options because they generally carry much less premium. For my style it is worth giving up some leverage to minimize premium.