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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Eric L who wrote (11539)11/30/1999 5:00:00 PM
From: Poet  Read Replies (5) of 54805
 
Hi Eric and all,

Actually, Jill and I have been in the beginning stages of starting to think about (is that tentative enough?) about starting a thread on trading options on Gorillas. Position trades on the stocks as well. If the sentiment here is that this belongs on another thread, we'll start one. Do I see a show of hands? <GG>

I do agree with Jill's point that judicious options trading can be a relatively safe way to lower the cost basis on our core gorilla holdings. The purchase of LEAPs, while long term by my standards, though I guess not by Mike's, can also be lucrative. For me, I'd like to build as large a core holding of gorillas as quickly as possible, with as low a risk factor as I can tolerate. I'm hoping that if there are others who are interested in going down this path, they'll let themselves be known and we'll open yet another (Oy!) auxilliary Gorilla thread.
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