Tuesday, August 14, 2007

 

Options vs Stocks


I'm getting a little jittery trading options these days. Too volatile and the spreads are getting huge.
I had never shorted a stock before, always bought Puts, this time I tried one. JOYG. Shorted it close to 48 yesterday. It looked like a pretty good resistance level. Just wondering, if I had bought puts if I still would have held on to them.


So just thinking, until the markets settle down a bit, I might stay out of options for some time.. and then again, I'll forget all about this post first thing tomorrow morning :)

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Comments:
like a skunk in the fog...rookies stick out in this market, eh?
 
well, even the seasoned traders are finding it difficult to trade this market.. at least from looking at the comments on some other blogs.
 
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