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Strategies & Market Trends : Options

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To: edamo who wrote (2757)2/11/2000 9:15:00 AM
From: DM  Read Replies (2) of 8096
 
Edamo

the sell side on balance is the most profitable side

I have been following the thread for a couple of months, Poet is a cyberbuddy of mine, I mostly lurk, kind of shy.

Anyway I totally agree with your above statement. I have been trading option for about 4 years now,and like most started out on the buy side and did fairly well. But then discover the sell side, and that has helped me greatly increase my portfolio.

I think it is something everyone should at least look into trying to learn. I started out slowly selling a few puts, on good quality companies, haveing the stock put to me (sometimes) then I would sell covered calls until called out.

At first I was brining in around $3000-$5000 per month, as my account grew, I started increasing what I was doing, and I am now about to have my first $20,000 month.

Oh and I did this not with the high flyer internet companies, (until this month) but more stable companies.

Great way to increas a portfolio and have a nice monthly income stream.

DM
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