Recent content by Sigsbee

Riskarb is right - The gamma (i.e. the rate of change of delta, and the relative lack of it, at least early on, in the leaps calls) can really hurt you if the underlying price goes up (unlike in a standard covered call), and you can also get hurt if the underlying price goes down too much...

08-20-04 10:18 PM still short and adding i added to my short position today, taking on the maximum allowable risk in the position. as they say, i am FULLY short at this time. September 5th appears to be the critical date at this price / time juncture...

Is there a specific 'technique' you are referring to, or are you asking simply about buying or selling retracements (or extensions), at key Fib numbers? If a specific technique, what's the supposed "secret" about it ?

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