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Strategies & Market Trends : Daytrading OEX options with a method, not a trading system -- Ignore unavailable to you. Want to Upgrade?

To: John F. Summa who wrote (2)	6/25/1998 12:16:00 PM
From: R. M. JONES	Read Replies (2) \| Respond to of 62

I have lurked on SI for many months and came across you site by accident as I was looking for more on OEX. I have traded options and for the most part have not had trouble getting in at about the right time, but getting out is a different matter. Just can't get a handle on the proper exit time. Always leave to much on the table. Had CSCO JUL70 CALLS and put 2+ in my pocket thinking it was about to top and it went another 3+ after I got out. This is what interested me with your site. You mentioned the use of an oscillator moving average of advance and decline NYSE issues to determine over sold and overbought zones and a trigger. Could you explain. Which Oscillator? Do you apply a MA to the A/D? I use Windows on Wall Street and download from Quotes-Plus. Any information would be appreciated. Thanks RMJ

To: John F. Summa who wrote (2)	7/5/1998 7:56:00 PM
From: Jonathan Woodley	Read Replies (2) \| Respond to of 62

Can you post the address of The Options Nerd. Also, can stops be used on options? Thanks Jonathan

To: John F. Summa who wrote (2)	10/13/1998 7:54:00 PM
From: HiSpeed	Read Replies (2) \| Respond to of 62

Does one have to sell calls in this market to make money? I bought OEX OCT puts yesterday and sold them 100 points lower today....at a small loss! Sucks to be right on the market direction but not be able to profit from it! There seems to be a strong bias favoring the option writer. Looking at closing prices, it looks like both calls and puts closed lower even though the market was off 63 points. Any suggestions would be appreciated. TIA