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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: upanddown who wrote (29941)7/17/1998 5:42:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
John, I like out of the money, Oct-Nov-Dec, in general, though there are many exceptions. Out of the money and 2-6 months out is my standard opening position for long options, puts or calls, os I am not particularly aiming at an October massacre. I would hope with these lousy eps, a dangerous trade deficit, and high valuations that we will get a crash before October, but you never know when a bubble will pop in this game. BTW, I am looking for the Big Kahuna, 30-60% down, not a mini crash.

MB