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Strategies & Market Trends : Canadian Options

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To: Porter Davis who wrote (587)6/23/1997 8:02:00 AM
From: HAZ   of 1599
 
Porter, I'm new to this thread, I haven't traded options for a couple of years now, outside of selling covered calls on Nova & Methanex, they never get exercised and I keep pocketing the premium. I don't really consider this trading though.

My past experience with options was so so, I would always get the stock right but my timing on the options was always to early. The stock would start it's move the day after my options expired.

In any case I read through some past posts and I noticed that you are an option specialist on BCE and N.

I am starting to like Inco again especially VBN class, it's way down from it's high of 44 or so last August, trading around 28. I expect it may drift lower a bit but not much lower.

How can I profit in Inco options it I feel that Inco VBN will be around 60 in 2 years once production gets going in Newfoundland ?

Good investing
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