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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Rick C. who wrote (2197)11/5/1997 1:26:00 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
Rick,
on SGI I wouldn't have the nerve too. Market technicals would have justified it but FA definitely not.

The problem with tech option got a name: volatility makes them so expensive. I like the "average true range" which is a measure of relative volatility available in my Supercharts package. If this measure is above 2 then those options are VERY expensive. In this case, I like to sell those puts <G>

regards
CROSSY