Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (203283)	11/7/2002 5:23:06 PM
From: mishedlo	Respond to of 436258

Max Pain is officially 24 on the QQQ. ITM dec puts was what I played. Dec 27. Any gain goes immediately in the cash column. A very good way to pay pain is current month ITM. No time premium, you just have to be correct. Playing one month out I lose little or nothing even if it moves sideways. Current month will cost you on anything but down (but ITM will not kill you). OTM current month will kill you unless you get a decent drop. I prefer ITM for that reason. M