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To: im a survivor who wrote (13750)6/15/2005 5:59:59 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 13815
 
I looked at the goog calls today and they really are just too expensive KG4... unless you are really, really as anstute trader as I think some here are (maybe Jill)... or, you sit by your computer all day which occasionally lately I do but it is not normal, in fact I will be working a lot again after June 20. So the options- calls OR puts- are not for me.

I was thinking we would get this hairy decline today and I was watching the dec 320 calls. As calls go, thats a pretty conservative play but that is about all the risk I can handle. I would never buy jul or aug calls (or puts), just can't do it... which is probably where most of the money can be made (and of course, its easy to get carried away when you read on yahoo that some guy made 10000% on his calls he bought last Feb for goog). But anyway the calls I wanted only declined 30% today... from 15 to 11 or 16.x to 13... not enough since we broke support. So I said forget it. I have had a few big wins with calls in the 90s on flaky companies like GNET. But it is so easy to lose.... even in the 90s I lost. I don't think this market is good enough for me to do options. But again for others here.... different story.