OT We had discussed options. I can get as complicated as one wants. C +++++++++++++++++++++++++++++++++++++++++++++++++++++++ To: Sam Citron who wrote (728) 6/14/2007 9:41:30 PM From: Jerome of 733 You can do this with Fidelity....
1) Get excellent option advice 24/7 from an option desk in Salt Lake, UT.(no charge)
Go to the option center... Go to pairing tools,...Type in INTC and from a pull down menu select the option strategy you are trying to set up. Your choices are....Butterfly, Calendar, Collar, Combo, Condor, Diagonal, Iron Condor, Ratio, Straddle, Strangle, or Vertical. The pairing tool will pull up the appropriate strike combinations.
You can also use strategy evaluator and do the same with puts or a combination of calls and puts.
And if you really want to dig in deep into the matter you can download a program called "Active Trader Pro" that has more tools than you have time to study.
Keep in mind that Fidelity has spent hundreds of millions of dollars (since 1990) to make their trading platform the benchmark of all trading platforms. I have looked at Schwab, and E-trade and there is no comparison.
I was a beta tester with Fidelity in 1985 when their first platform called Fidelity Fox Plus was being developed.
But I also believe in freedom of choice.
Try this consideration....the more choices you make in options trading the more chances you have of being wrong. And its the wrong choices that harm your portfolio.
You might have noticed that most of my option picks are big caps and highly liquid options, ( HAL, GM, INTC, CSCO, GE, ) Trends are easier to pick up with large caps than they are with thinly traded options and stocks. Its a big cap rally, so keep that in mind in selecting stocks and options.
Sam...have a good week-end |