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


To: the options strategist who wrote (48668)7/28/1998 10:54:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
for the rest of the day
or whatever time frame you chose I guess...

113 3/4 is the point it would have to break plus two ticks

lets say at 10:50 it had gone to 115...
then you would have either used 113 3/4
or 115
depending on if you wanted the hour or hour and a half
that is something to experiment around with

and for today

here is what I am looking at
113 3/4 plus 1/16 which would be what I am using for two ticks
BUT since the P&F figure is 114 for a break out

I would wait for a break of 114

btw, I dont think it will happen today

but this is something good for us to watch as we try to get this down pat ;-)

for the nuances of this you have to ask Lastshadow as he plays these strategies alot