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Alias Born 10/19/2006

Re: Dual post# 281

Wednesday, 01/07/2009 8:44:31 PM

Wednesday, January 07, 2009 8:44:31 PM

Post# of 438
when I'm averaging down from losing positions I will buy cheaper options because I'm confident that I'm right but my market timing is sometimes too early. worst market timer here. I slowly scaled out of my JAN SPY PUTS because time value would just kill them, so I sold them throughout the week for cheaper FEB and MARCH PUTS. when I am day-trading options I will buy them at the money with .50 delta. but these are too long-term and I'm not day trading them.

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