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Strategies & Market Trends : Options
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To: DownSouth who wrote (1739)1/26/2000 2:32:00 PM
From: Poet  Read Replies (1) of 8096
 
DS,

It's your money. You shouldn't have to justify how you position it, IMO.

I'm confused by Fido's rules, too. They make no cents. FWIW, you might be able to do it in stages, no? If I were doing this, I'd buy LEAPs today (120 was the 200 day moving average, which we bounced off firmly, so any buy close to it is perfect timing), sell some stock today, a little more tomorrow, etc. Are you able to at least start your LEAPs buys today?
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