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 : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: Bridge Player who wrote (1061)	7/30/2007 9:15:55 AM
From: alanrs	Respond to of 5891

Don't take it so hard, mistakes are part of the game. As they say in my past line of work, If it was easy your mother would be doing it. ARS

To: Bridge Player who wrote (1061)	7/30/2007 9:27:18 AM
From: dealmakr	Read Replies (1) \| Respond to of 5891

BP, There could be an opportunity to maybe reduce the loss on position, by covering the upper end short strikes (10 & 12.5) and writing at a lower strike 7.5 or going out longer in time duration. It all depends if you want to stay in the stock. regards, dealmakr

To: Bridge Player who wrote (1061)	7/30/2007 11:41:24 AM
From: kaka	Read Replies (1) \| Respond to of 5891

Bridge, Re: 'I won't be posting here for awhile.' Post, post and keep posting; different ideas; good and bad trades, make us all more learned traders. Trade long enough and we'll all have a few disaster de jour. Mine was Iomega. An M.D. friends of mine with a substantial income lost a ton on CMGI. His mantra was 'keep investing....it goes up and splits, back up and splits'. He finally called it quits at ~ $2 per share. cheers,

To: Bridge Player who wrote (1061)	7/30/2007 12:28:06 PM
From: Jerome	Read Replies (1) \| Respond to of 5891

Bridge...keep on posting....although we all hate big losses, they are part of the program....no one twisted our arms made us buy it. There were plenty of warnings from other posters to counter your recommendation.