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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (58699)7/16/2002 6:09:33 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Grub 58700... ahhh, the good life.....

GZ



To: GROUND ZERO™ who wrote (58699)7/17/2002 8:25:41 AM
From: Jack of All Trades  Respond to of 94695
 
Huh, if you had done a July OEX 50pt spread around 480 on 7/8 one of the options went 7X the other lost 75%...

Now is not the time to do a spread becuase of the VIX being so high. I was looking to buy some July OEX poots for a day trade and 5pts OTM were asking $4.5...

My comment about spreads to Bill was in reference to him "only" buying options.