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Dell Computer Corporation (DELL) Message Board

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  • Rachimov Rachimov Apr 9, 1998 4:41 PM Flag

    Stanford Network Crashes!

    I have held puts and calls on a stock before, but primarily, i do my homework well enough so that i am not haphazardly
    betting on stock volatility. I am not hoping for 2-3 point moves one way or the other, you strike me as being a particularly scary
    brand of neophyte. I can reccomend some good books on trading options Stock Market Wizard is a pretty good one, but none of them
    mention a mystical formula to disencumber you from using your own brain, you seem like you want a formula to do your thinking for
    you, I guess some people need that. I have the balls to make my own investing choices. Someone wanted a list of trading
    activities from someone who has done options, I have posted it here before.. current to about a month ago, since then I bought some
    LGTO April 55's and 60's, which i paid 1200 for and sold for 3000( minus commisions) and I have some SGP May 85's which iam
    holding until after the shareholders meeting on April 27th, since I am hoping they'll announce a split(Earnings ar April 16th), I
    bought them for 1200 and they are worth about 2000 if i sold them today( which I am not doing). I am looking to buy some HD calls
    before they announce earnings on APril 19th and a potential split on their April 27th shareholder meeting) Waiting for a dip in the
    market. I also have ORCL leaps(My husbands play) which he bought before they announced earnings, We will be looking at those again
    in June.

 

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