Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Patrick Slevin who wrote (35073)	2/16/1998 10:44:00 AM
From: donald sew	Read Replies (3) \| Respond to of 58727

Patrick, Lets say the DJX is now at 8300 and I start the process by buying the 8300 PUTS since I feel it will go down first. Then the DJX gets to 8100, but I feel it can go lower but not sure, so I buy the 8100 CALLS and the 8300 PUTS are already profitable, so there is no midway at this time. With this situation the only negatives I see is time value deterioation or bad execution, What should we call this. It is closer to a strangle than a straddle, lets say in-the-money-overlapping-strangle. ggggggggggggggggggggggggggggggg Seeya