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: donald sew who wrote (50281)	8/19/1998 8:59:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 58727

OT WOO WOO..Don....how do you manage not to break those dishes as you wash them.... that is some bod.........(hey can you move your Pecs like that :-PPPPPPPPPPPPPPPPPPPPPPPPP ...that is The Vodoo Queen's tongue hanging out...) Jean Claude WHO???!!! give me Bolo or Don "I AM THAT MAN" Sew.... ps..did you see my little Bolo animation I found stupid acting in this film but the fight scenes are great...cant wait to see the showdown...

To: donald sew who wrote (50281)	8/19/1998 11:10:00 PM
From: dennis michael patterson	Read Replies (2) \| Respond to of 58727

Don: today I traded Sept 535 OEX put contracts. One trade: in at 11 out at 12 3/4. I bought when the market was up 50 and sold when it was down 45. I am a novice at options trading. I noticed that when the trend starts to accelerate the bid and ask both tighten up and jump. Then, when the trend stalls, the spread widens and the move backs up. For example, when the market broke down 25 near the end of the day, the bid jumped from 11 3/4 to 12 1/2. I put in a limit sell at 12 3/4 and got taken out as the bid went to 13 then dropped back to 11 3/4 and then ended at 12. I had to hang on the screen the entire time. My experience is that to trade OEX options, you've got to be there every second to max out the gains. If you wash the dishes, you lose out! I cannot trade like this very often. It just takes too much time! I think I am telling myself this may not be for me. I need something a touch less time-intensive. But wow was it profitaable! It made selling Dell yesterday less painful!