Hedge 'n Hold

Discussion in 'Options' started by abishiai, Mar 6, 2003.

  1. Youbetcha!

    My greatest difficulty is hanging on to a winner. I went long ELX at 17.80 and under normal circumstances, I would have dumped it at about 19.00. Locking-in profits with the puts keeps me in the position.

    This definitely is a volatility position. I believe that over the next year we will see ELX down in the low teens, and up around 30. The more it does this, the happier I am.

    Cheer,

    kp
     
    #31     Apr 27, 2003