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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (12306)10/26/2002 12:18:34 PM
From: mishedlo  Read Replies (1) | Respond to of 30712
 
WLD would you do different if you were in leap puts?
I have no time erosion in a week or two, and on leaps not much volatility erosion either, but if we are headed up for 3 more days I would prefer to be out.

Nothing worse than bailing then to have a gap down that holds.

BTW, Velo is riding it out and he has Nov puts.
Trying to relax here and if I did not have leaps where I just need to be correct eventually, I would not be able to sleep this weekend.

Fortunately I was in 5 stocks that actually managed to go down on Friday but was over-leveraged in IBM and one other one that I can not recall that took all that and more. The ones I was in that dropped, barely dropped.

M