Replies to post #37 on Bear Stearns (fka BSC)

[OptionMonster]

Depends on the market sentiment and the sharp movement of a stock in either direction..Take X for example...The run up this past week will warrant a PUT at some point..More than likely play for this week will be an April $120 PUT..Nothing goes up forever and pulls back to breathe..It is all about timing..I can be in an option contract for less than an hour...Sometimes just a few minutes..I rarely hold them for more than 2 days..