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

To: donald sew who wrote (35028)2/15/1998 8:05:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 58727
 
Donald-

I've noticed that SLB is forming one of those triangles that sets up a bullish explosion.You might take a gander and see if it's ready to load da boat on calls.

SLB is the major stock on the OSX.

GD



To: donald sew who wrote (35028)2/15/1998 9:07:00 PM
From: Patrick Slevin  Read Replies (2) | Respond to of 58727
 
Strangle.

I see where the communication breakdown is now. I never quite understood why you did not seem to understand my points in the past,

A Strangle, is done with puts and calls that are out-of-the-money and when the underlying instrument is midway between, okay?

I know I sound like a smart ass but we have to be on the same page with definitions, and that's the definition of a strangle.


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