Replies to post #77089 on Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

rh, if you're not sure what's going to happen, the best trade you could make is not make any.

It is critical that people research things on their own. We're not going to bail anyone out if they do something and it doesn't work out, so why should our opinions hold sway?

Oh, I see you're doing it for "fun" and not the real deal. If that's the case, your guess will be as good as mine or anyone else's, as you've got nothing to lose.

[mlsoft]

ranch hand...

I occasionally trade options, but for the most part the premiums are so high that it is hard to overcome except in a strongly trending market.

If I were looking to buy some March options, I would be looking for a reasonable premium on puts, especially in the tech sector, and my inclination would be to buy them on any rally tomorrow morning. I would also be tempted to find some calls on either GG or GLG, but the last time I looked, they also had pretty sporty premiums.

Just my opinion, though.

Good luck to you.

mlsoft