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


To: Byram who wrote (42327)5/5/1998 6:55:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
To be perfectly honest, I think options are for day-trading only.

Win or lose; one has to go with the flow and exit at some point during the day. After all, we are speculating.

There is no sense, to my way of thinking, to turn a deteriorating option into even a position to be held for more than a few hours. Too risky from the point of view of time decay, just my opinion.

Anyway, I'm glad you turned a profit against what I would consider tough odds.