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Pastimes : Rules We Can Learn From

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To: The Perfect Hedge who wrote (10)4/25/1998 2:45:00 PM
From: Caroline  Read Replies (1) of 109
 
Perfect reasoning on the conclusion we all come to (rule): never throw a huge chunk of change at an option play.

My options rules:

- Never buy more than 6 of whatever I'm buying. Really bullish, buy 6, just "very" bullish, buy 4.

- On a double, sell half (as someone on this thread said)

- If next month can come so quickly, the month after that can too; go three or more months out.

Caroline
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