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Strategies & Market Trends : 50% Gains Investing

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To: HandsOn who wrote (8794)7/15/1999 8:11:00 AM
From: B TateRead Replies (1) of 118717
 
Umm,

I've never read much on options so can't be off much help with literature. I just paper traded them for about 6 months until I felt comfortable. I only use options to play short term TA moves without laying out the full price of the underlying stock. The one exception here is T Jan. 2000 calls.

Since I'm typically out of sync with the market (by 12 hours) I use in-the-money positions with at least two months to expiration. Since my timing is known to be generally early this gives me time to recover ;-).

I don't fool with options calculators or other involved methods of evaluation.

There is a fairly good tutorial on the CBOE web site, I think.

Good Luck
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