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Re: ____NM____ post# 13603

Monday, 12/05/2005 10:28:27 AM

Monday, December 05, 2005 10:28:27 AM

Post# of 79025
NM 500 bucks to make 5000 ?? sounds seductive. but in my opinion playing that dec 43 q is nothing more than a speculative bet- I have no idea what is going to happen 10 days out?

It is way outside my confort zone. as a rule I usually don't hold an option more than 5 days.

Once again is comes down to money management many people who play options try to hit home runs I prefer to try to hit singles and doubles - in fact if I did take that bet and it was that outcome I would only probably make 2500-3000 on that bet because my money management rules would have taken money off the table

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