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

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To: MJR who wrote (14)2/24/1998 2:36:00 PM
From: david siple  Read Replies (1) of 33
 
Mike,
when I first "looked into" DJX's, I had planned on going about it like you: basically, holding on for several days or a week. But, after watching it a bit, it occurred to me that there was no way I was going to make money that way unless we had severe swings (taking into acct. bid/ask also). Am I missing something or are you putting down LOTS of money on these trades to overcome what I am up against. I.E. I am looking at dropping a thousand bucks on "sev. days" trading and a small percentage on my down the line trading (the insurance.)
--ds
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