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


To: Dom B. who wrote (36875)3/17/1998 2:40:00 PM
From: the options strategist  Respond to of 58727
 
Option Jerry and Dom, thanks.
A part of my learning is I panic when things start going down.I'm
sure this is because my downs have so outweighed my ups if ya know what I mean.

The reason I was so undecided is in playing the split game, stocks TEND to have an upturn and then go south before turning around. Based on this my strategy was to exit within 3 days (if it went up). Also, the option tends to lose much of its value especially after the expiry date prior to, right?

I have the ap.70c. And because of the 3:2 split I am totally confused.
The ICN is now ICV and I can't find it in my real time quotes so frankly I don't know where I am with this one.

Thanks guys for your responses.