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Strategies & Market Trends : Advanced Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: EepOpp who wrote (196)9/1/1998 10:02:00 PM
From: ringo99  Read Replies (1) | Respond to of 355
 
Thanks for the response, but I'm new to options.

right now i'm long on my stock, only to see them
go down day after day, but i don't want to sell just
to buy them back later, and pay more commisions.
If the market is to drop, and they say the djai could see 6800,
(who knows they could be right),
would an oex put call be appropriate? I think so but what
do you buy, that is the question. These are pretty expensive.
Anyone with ideas.
Thanks and if I buy i'll thank you again later.