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.

Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (704)	12/4/2002 8:40:04 AM
From: jt101	Read Replies (1) \| Respond to of 1064

Dan, I hear you. Even i am trying to rebuild my account, my major losses were on long calls/leaps some tech/energy leaders, mind you i bought them after they were down 50%-60%,, not much on ES/NQ so far. I am long on gold stocks too, but there is not much appreciation so far... One idea about ES is, how about always have protective calls/puts against one position. I looked at this, but there is not much liquidity in ES options and the spread is almost 2/- ; This is the only way, for me, to play ES/NQ swing trades. Have you ever considered this option on ES/NQ? Also on OEX options, I see spread of almost $1/- and again not that liquid. Is it true most of the time? What you said about narrow vertical spreads is very true. I have to carry them till expiration, if I want to any money and that too, if it is in my direction. I am long puts on QQQ MAR28 and short on DEC26. Hopefully I will make some money on that trade.