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 : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (5176)	10/2/1998 9:59:00 AM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

>>Anyway, If you intend to write puts I don't think the intraday low is in....probably won't be until mid-day or late in the day if that does you any good<< I agree--and it would not bother me a whole lot even if I miss the boat. I really would like enough of a sell-off that causes the VIX to shoot up and the premiums to get high enough to make it worth the risk. I am long the 470s anyway and what I'd be looking to so is to sell either an equal number of the 480s or 490s -- not sure that I would want to be completely exposed only because we have the weekend ahead of us and who knows what can happen. The other thing that I need to keep in mind is that I have had an absolutely awesome week--perhaps one the best weeks that I have had in a long time--and somehow it is when that happens that I end up doing something stupid -- call it recklessness, cockiness or whatever. I hear all these analysts now touting gold stocks--and for someone who has taken a real beating in this sector, you won't believe how good that is to hear.