Replies to post #186209 on Zeev's Turnips Patch-No Politics (ZEEV)

[jeffsaxx]

The larger bid-ask spread and general illiquidity of the option contract are factors inherent to option trading which simply offset the leverage advantage --- it's simply part of the risk/reward anaylsis which should preceed the trade --

IMTO if you can't justify the option trade based upon the current momentum, volatility, etc etc you shouldn't be trading the stock anyhow unless you are as good as our leader Zeev

[Jerry Olson]

Larry

it always depends on what options you're trading. and what the stock is too.

if you're a careful trader you can do fine...nothing to be scared of at all..

options do not trade after hours...so you need to understand the current direction of the stock, sector and indexs...

i always use limit orders for options anyway..if you get filled fine if not not...

and Larry you can "always" get out of any trade during market hours by just selling "at the market" if need be...

hope that helps

[Paul A]

Larry- did you ever go long CALM?

I recall you mentioning it some time ago and I could hit myself for not jumping in.. I just looked at the chart today and couldnt believe the runup.. now THATS a return.. Forget CRXL : )