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


To: Bart who wrote (37483)3/26/1998 10:00:00 AM
From: the options strategist  Read Replies (2) | Respond to of 58727
 
OJ, I just did something that will probably send pfe up. I set a stop loss (meaning I will get stopped out soon) and it will probably swoop down and stop me out then soar upward. I made a bad play on this one. Learning from it. One, I did not wait until a pull back since I did not get in Fri. second, I bought out of the money, april thinkin the announcement would be soon. Oh well...
Was going to hold it for the long haul until Lisa posted the thread and you all began to talk about pull back to 90. I would have been too much out of the money.

Is anyone playing a spread on this one?
Jen