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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (28686)	11/18/1997 10:18:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

Hey TT, the reserved cool englishman Are you having problems getting put information from PBS this morning? Lisa the wildcat newest midi...Kiss From a Rose...

To: Tom Trader who wrote (28686)	11/18/1997 10:26:00 AM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 58727

TT; RE:"Going Flat..." ...thanks for the explanation. Fog beginning to lift a bit. My primary reference is McMillan's Options as a Strategic Investment. What is/are the classic reference(s) for index options/futures trading ? -Steve

To: Tom Trader who wrote (28686)	11/18/1997 10:43:00 AM
From: MtnMan	Read Replies (1) \| Respond to of 58727

Hi Tom- >>>>>The system that I use to trade the S&P futures goes flat when I have a profit of 40 points -- just the way the system works---the precise point to go flat ie whether it should be 40 points or 35 or 50, is a function of where the futures are at. In other words, if the futures were trading at 500 or 1000, the profit that I would seek before I go flat would go down or up accordingly.<<<<< So you don't just let your position run and raise a trailing stop? Or you do that also and go flat when you have reached your % profit target? Kind of like selling options positions once they've doubled (ala Bernie Schaffer). Thanks for your insightful posts, thinking about making you my guru... ;-) -Neal