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JJ8

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Alias Born 02/13/2012

JJ8

Re: catty post# 61653

Wednesday, 02/09/2022 3:29:48 PM

Wednesday, February 09, 2022 3:29:48 PM

Post# of 88070
catty,

I have been in options in the eighties when the ticker tape first was put on cable tv.

I had a classmate from College who was my broker at Meryl Lynch.

One sadly "memorable day" I will always remember.

I had bought Greyhound share options for several hundred dollars.

In two weeks the broker called me speaking low telling me my options were worth 18,000, asking/suggesting to sell.

My response was stupid and the result of blind ambition and total lack of knowledge. I told him that I'd wait as $18,000 won't change my lifestyle. I'd wait for $50,000... as then that would be what I needed!!! Only few days later it had gone down in price to few hundred dollars! Such is life. Live and learn. Learn and live.

I understand your conclusion and respect your decision about options.

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