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


To: ViperChick Secret Agent 006.9 who wrote (28942)11/20/1997 11:43:00 AM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
Lisa--I don't factor in the effect of options expiration--don't really know how to do so.

But we all know that there is a certain amount of volatility that is associated with expiration--and so if that is something that bothers one, then the best thing is to stay out until that event is out of the way.

When I position trade the futures or options -- I ignore all external events, whether they are economic reports, option/futures expiration, political events, global economic events, etc. I do use these events in the case of index options to close out positions in case there is an exaggerated reaction to an external event that goes in the direction of my trade.

But --my dear rose by any name--as you know I am a very rules oriented type of trader. You and OJ are more instinctive traders -- and it would be as difficult for you to trade my way as it would for me to do it your/OJ's way.

In fact, if I traded/inter-acted like OJ people who know me would think that an alien had taken over my body:)