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 : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Podsiadlik who wrote (13812)	9/17/1998 10:40:00 AM
From: larry	Respond to of 18691

Kevin, Yeah, DELL was trading around 54 1/2 when I sold the Oct. 55 puts. I guess that this game can produce wonderful yields when you are sure of the trend. My best return in the last several weeks came from selling Sept. DELL 105 puts and buying Sept. and Oct. DELL 110 calls when DELL temporarily dipped below 97 the day after the market crashed more than 500 points. My point is that by focusing on one certain issue that you are familiar with the trading pattern, you can almost expect wonderful returns coming. But I do believe that Craig is right in hedging against another market crash in the near future. Looks like that we are gonna retest the low pretty soon. Maybe as early as next Monday. good luck, larry!