VIX Continues To Reverse
- January 25, 2001
- Dave Landry
For those looking for an option play on Genetech
mentioned in my Stock Outlook, the in-the-money and at-the-money puts appear to
be fairly priced.
Biotechsrc=”https://tradingmarkets.com/media/images/Landry2/btk012501.gif” width=”470″ height=”320″>
appears to be stalling out near its recent highs (a). Look for
buying opportunities in puts and put spreads here.
For you OEX traders,src=”https://tradingmarkets.com/media/images/Landry2/vix012501.gif” width=”470″ height=”320″>
continued to climb form relatively
low levels on Thursday. Continue to watch for buying opportunities in puts and put spreads
luck with your trading on Friday!
Protective stops on every trade!
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