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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (239)	3/7/1996 8:56:00 PM
From: Thom	of 58727

hey jude! no, i'm not using e-trade or any such thing (for options). i'm using a.g. edwards to trade the options with, and you're right - the broker gets paid most of it. he told me a while back about how most options expire worthless, and i kinda took it as a challenge. i'm really just playing to show him/me that it is a winnable game. i just want to show positive percentage gains without his fees. so far, none have expired worthless, and none have lost money (discounting his fees). the "wish they'd spread the timing" comment is just that it really sucks to see everything lose at once. they go up and down daily, but yesterday was the first day that all but one lost. idti will either perform or will be off the list of possible money-makers. frankly, i don't care which, i just want it to show what it is. recent behavior is pretty obvious what it is, i think, but a bit more time may tell another story. options won't play/pay on languishing stocks...

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