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Strategies & Market Trends : Gersh's Option trades -- Ignore unavailable to you. Want to Upgrade?


To: Elmer Phud who wrote (113)10/19/2004 3:52:10 PM
From: kaka  Read Replies (1) | Respond to of 652
 
elmerp,

re: I like the singles hitters in the options field

Thats a point I reiterate over and over again, only I call it trading for peanuts...but how quickly the peanuts add up. That's why, even though I have many open positions, most are well OTM unless they are short term. The last thing I want is to be kept up at night by any job, especially one that isn't my primary profession.

Today added to my DELL Dec 32.5/37.5 short strangle.

cheers,
kaka