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 : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (44502)	6/3/1998 7:59:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 58727

How did I think the futures and futures options were handled differently? I just never thought about it. In essence it appears you can do ratio backspreads, synthetics, all the same stuff one does in the cash market. Believe me it was not the high note of the discussion; they did not even touch on it for long. It was just long enough that now I have to go through about 500 pages on esoteric futures options stuff so I can adle my mind. I always just bought or sold the futures and stayed away from the options but now it's like throwing a red flag in front of a bull, think about it.... I pull a Tom Trader. I get a little focused on the long term...you know, more than 10 or 15 minutes...and I sell the spoos. The market moves my way, say 10 points. My work or intuitive sense tells me a bounce is at hand but my long term-posturing is to stay short so I write futures puts and collect the premium. After the bounce I close out the puts and I still have the short on plus the premium on the puts. Yes, I know it's obvious but I never thought about it. Calendars, ratio calls, combos....at my fingertips I now have the potential to completely confound and confuse the daylights out of myself. No, it was a free seminar....I'm still not on track with this spoo playing by large funds like Fidelity. Rydex, sure. Magellan, I am not so sure. I have looked at quarterly reports from funds like AIM and FIDO before....I have never seen a line item that said "$xx,xxx in the Standard & Poor's December Contract", have you?

To: Electric who wrote (44502)	6/3/1998 1:05:00 PM
From: Electric	Read Replies (3) \| Respond to of 58727

Patrick, Did you start the immigrations discussion again last night? I think we need to turn off the thread after 7 EST, it seems that after the moon comes out that there is 1,000 times more trouble and animosity on the thread. It is obvious that we all are different, I am more than most, but I am not happy that people are arguing over things that we arent going to change and likely dont need to be changed. Lets talk more golf, more commercials, more hoops, more stocks, more baklava and less intrusive things. Save that for Jerry Springer show.. Last nights topic was weak, 14 year old prostitutes and the mothers that hate them.. How about those Mets??