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 : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: aerosappy who wrote (7344)	1/22/2006 10:21:05 AM
From: uncle1	Read Replies (2) \| Respond to of 13449

Aero, The last couple options expirations day I have bought GOOG otm puts for cheap with no success and I had it on my "list" to do it again, however I had many positions(not GOOG) that were set to expire and I was working them and by the time I went to buy my GooG puts(about 15 minutes after the open they had run a bit(about 1$) so I put out a order on the bid and returned my focus on my open positions. The rest is history!:(((( Lesson learned: I have two trading accounts(1 stock and 1 options) and a currency trading account and I am very active in all three. I need a detailed and well thought out plan of action. Knowing how fast GOOG moves and knowing the risk/reward for the puts, I should have been focusing on GOOG until I had a position. The 430s opened at .65 and went to .40 and closed the day at 30. the 420s opened at .05 and closed the day at 20. I could have risked a few thousand dollars and made nearly $100,000!! Wouldda/couldda/shouldaa What a wonderful game we all get to participate in!!! Best regards, uncle