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Myself °¿°

11/12/03 5:51 PM

#1592 RE: bbgold #1591

At the moment it's a bit lower than my back and it's not patting I'm doing... I should have stuck w/my the idea of cutting them loose days ago... see previous post link of the sail post you responded to. This feels like April all over gain. As I was hedged then; the money that was made on the calls barely kept up with the loss of the puts as the QQV fell and kept falling into the rally. Time will tell if this was my biggest mistake yet

I just heard a guy on Bloomberg from Wachovia saying buy tech. Nasdq. And you know what I think of Wach’s contradictory BS calls… so maybe we will get a new high and then tank or just trade sideways… Sideways Kills QQQ OTM long term Options… I’m looking for a door to herd my calls out of now. But may hang on… I probably shouldn’t have been so aggressive buying OTM Calls… If I buy them again, if I exit… It will be ITM where the QQV has less of an effect on them.


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Myself °¿°

11/12/03 8:05 PM

#1593 RE: bbgold #1591

2 charts..Looking at the QQQ implied volatility chart… specifically the blue line. What happened early May, Mid Aug. what’s happening Now…