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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (136)9/30/1998 11:11:00 PM
From: Sun Tzu  Read Replies (1) | Respond to of 10661
 
Fasten your seat belts. The Nikkei is doing a kamikaze. If this keeps up, tomorrow will be interesting to say the least. If it keeps up for a few days like this, you can forget about rallies for some time.

Sun Tzu



To: Sun Tzu who wrote (136)10/1/1998 10:11:00 AM
From: Vegas  Read Replies (1) | Respond to of 10661
 

though you may want to sell Nov 12.5 calls instead to lower your cost to 10 for a 25% gain.

Why Nov and not Oct...

(I just started writing calls to lower my average cost but I am still learning...)

Thanks
JF