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Strategies & Market Trends : JoAT's QQQ System -- Ignore unavailable to you. Want to Upgrade?

To: Jack of All Trades who wrote (335)6/30/2004 12:31:00 PM
From: Gersh Avery  Respond to of 942
 
Those are my "for cover" longs



To: Jack of All Trades who wrote (335)6/30/2004 12:41:17 PM
From: Gersh Avery  Respond to of 942
 
I like to write ATM or slightly ITM

and it doesn't matter which way the market moves ..



To: Jack of All Trades who wrote (335)6/30/2004 1:03:38 PM
From: Gersh Avery  Respond to of 942
 
as the market moves up and down in a range, I sell then cover puts and calls within that range.

if the market goes wildly against me (in either direction) then my OTM stradle cashes in ..

either one has to cover comish and some gain ..


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