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: Lee Lichterman III who wrote (57323)	11/12/1998 8:54:00 AM
From: HairBall	Respond to of 58727

L3: Thanks, I have not been getting responses to "some" of my post to others as of late on the TSO and BK threads. I don't know why, all I do know is if I don't get replies, there is no need for me to post! I think we are near at least a mid-term top, I just expect one more slight move up, after a brief pullback confined by the Bull Flags if they hold. Chart formations are not 100%, so we could see the formations negated, that is why I suggest we watch the trend lines. BWDIK Regards, LG

To: Lee Lichterman III who wrote (57323)	11/12/1998 9:02:00 AM
From: epicure	Respond to of 58727

I agree with you about the potential in the oil sector. I started picking up my favorite company yesterday. Just a first third- I will buy more if it goes lower. But the Iraq tensions did affect the price of oil last time and will do so again should we have a repeat performance. And I see the market heading down- but then my indicators have been negative for about 2 weeks. However the DJ just turned decidedly down the day before yesterday- which I hope is a good sign for me and my puts.

To: Lee Lichterman III who wrote (57323)	11/12/1998 2:52:00 PM
From: AlanH	Respond to of 58727

L3, re:Market, DELL, etc DELL reports today and CNBC reported they might miss so life could get interesting. DELL never misses but if they did, they could be the INTC of last October that sparked the down turn. Yup, here's a related story: cbs.marketwatch.com I'm holding DELL calls (profit locked, letting 'em run) into earnings. A few options (no pun) come to mind include: a> liquidating calls prior to close (earnings) b> selling (short) higher strike calls c> buying DELL itm puts prior to close d> buying GTW itm puts prior to close Of these, choice "d" looks intriguing. (Choice "c" is a more elegant hedge, but is extremely sensitive to post-earnings implied volatility.) The assumption is that if DELL surprises to the DOWNSIDE, the company will cite industry-wide factors which would also impact GTW (eg., margin squeeze, price wars). If DELL surprises to the UPSIDE, DELL stock price acceleration should exceed that of GTW; DELL options will lose prem (due to reduced IV), yet the GTW itm puts have skinny prem (relative to DELL). Depending on the strength of DELL's release/cc, I'd leg out of the losing side. Market bias -- which I believe is slightly downward -- would further assist the GTW puts. Who knows, I may simply liquidate the DELL calls today. <gggg> EDIT: TRIN is rising. Regards, Alan

To: Lee Lichterman III who wrote (57323)	11/14/1998 7:32:00 PM
From: Electric	Read Replies (3) \| Respond to of 58727

Lee, Are you thinking of MU puts? It might be a good time to enter positions that are far out in time and near the money. I dont personally think that MU can keep this kind of run up for too much longer. Did anyone see the end of the Ark/Tenn football game? It looked like a conspiracy, Ark had it and lost it 2 times in the last 3 minutes. That was pathetic. And for anyone that wants to participate in threads that has much less noise and rude long time posters, join the group at Jennas thread, or Chris's thread. It has less posters who are constantly paraniod. There are reasons that some threads maintain a level of civility and others dont. It is too bad that TSO keeps having problems, over and over and over and over. Regards..