Bull Warrior Stocks

[boca_bobby]

I really don't use the Greeks to much in my decisions. The main reason is that when looking for a stock to play, I go by the charts. I try as much as possible to look in the hot sectors for stocks that look promising. Then instead of buying the shares, I buy options.

I do tend to look at the DELTA figure from time to time. This figure basically tells us that for every $1 the PPS of the stock goes up, we can expect the contract price to go up the amount shown on the DELTA.

It has worked extremely well until this month. With stocks being so volitile, extremee price changes has caught me off guard many times. Totally my fault and to rectify this I have limited myself to only 2 core holdings at a time. I had as many as 10 and it was just to crazy in this market and I paid dearly for it!

Right now my main two holdings are ACI and PCU. If you are really interested you might want to get a book recommended to me that I will be ordering soon as well.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=28033180

Boca_Bobby