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Strategies & Market Trends : DJX (Dow Jones Ind. Avg. options)

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To: FR1 who wrote (8)10/5/1997 9:44:00 PM
From: giddy guru  Read Replies (1) of 33
 
//gg//

Franz,

My opinion, I stress it is just my opinion, is that DJX is option is a slow mover. It can be used as an hedge against a portfolio. Leaps can also be bought just like any other equity leaps.

OEX, SPX and other specialized options would be better for trading and quick in and out. OEX had a range of about 25 points on Friday. OEX and SPX would have been a better choice in those volatile periods.

I don't have any specific strategy now on DJX. I would like watch, wait andd learn before plunging in.

/gg/
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