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.

Pastimes : Rules We Can Learn From -- Ignore unavailable to you. Want to Upgrade?

To: Dennis J. who wrote (61)	4/26/1998 10:10:00 PM
From: Caroline	Read Replies (2) \| Respond to of 109

Hey, Dennis, thanks. I've owned ITM, but often go one strike above the stock. You are quite right about the illusion of affordability, I think. I believe the rule is that the volatility is highest where the strike & stock meet. But the other rule in that regard is, whatever's not in the money at expiration is worthless. I generally don't buy intrinsic value but hope to have my bullishness confirmed by seeing my calls march into the money. New rule After spending the last couple of days on the "commerical" thread (https://www.siliconinvestor.com/subject.aspx?subjectid=20497), I am reminded that I only buy companies I like. As a testament, I've updated my personal profile (https://www.siliconinvestor.com/profile.aspx?userid=1586695). If I don't like a company's advertising I'll almost never buy its stock.