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 : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: RWS who wrote (14438)	2/27/1998 9:56:00 PM
From: Barbara Barry	Respond to of 94695

RWS, In a nutshell...If I bought oex calls...very little movement and very little gain and the time premium going into Mar. will rear its ugly depreciating head starting next week.You can easily lose 10%/day just based on the time premiums if the market doesn't dance...which the oex didn't do much of today.If you want to learn,try paper trades.Pick a couple of options ( equity or index) and watch them on a daily basis and see what happens with time erosion and/or market movement.Watch your positions and track when to enter or exit for a month...better yet..for longer.IMHO...Exit points with options are key.BWDIK Good Luck. Regards, Barbara