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


To: donald sew who wrote (32704)1/9/1998 5:09:00 PM
From: W. Clinton Terry  Read Replies (1) | Respond to of 58727
 
Don:

On the Friday before Black Monday in October, do you recall what your TA showed? Some people are suggesting that there might be a Thursday, Fiday, Monday repeat this Monday.

Thanks for posting your analyses.

Clinton



To: donald sew who wrote (32704)1/9/1998 5:37:00 PM
From: Barbara Barry  Respond to of 58727
 
Don,
Here's the kicker and the diff between Oct and now....I bought oex puts on 10/21 for 5 1/2...sold way too early on 10/23 for a double..then the next Tues they were as high as 82!!!!My point or should I say dissappointment is that I took positions right after an expiry and had huge time premiums to work with. So Feb premiums now will be too high and Jan has very little going for it due to the time problem. :( Woulda,shoulda,coulda?)IF,IF we are very lucky the market will stay down longer to erode those time premiums before your call signals kick in.Or we get a quick rally and then fall back like we did last fall for call opportunities. Clueless for now...but think we will go lower.FWIW
Regards,
Barbara