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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: David Fitz who wrote (147)	2/17/1998 9:08:00 AM
From: Wayners	Read Replies (1) \| Respond to of 927

For SUNW Mar 45 Calls, sure I'd expect a little bit of a bounce--but I wouldn't bet on a large bounce. If you bail now, you collect more in time value. The time value erosion that will occur before the next bounce will likely offset the amount of the bounce. I wouldn't wait more than a week to bail. Good luck. I hate trying to trade options. Way too hard to make money unless you there is a real high Delta and you only own them for a few days and thats it.