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Pastimes : Tidbits
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To: Didi who wrote (347)6/21/2000 10:32:00 PM
From: RR  Read Replies (2) of 1115
 
Hi Di: In answer to your question, I usually try to buy calls 4-6 months out, usually ITM. Nothing fancy at all. Usually will watch 3-5 options and wait for a day that one is a particularly good buy, then execute. Found that I do best concentrating on only 3 or 4 stocks at a time. I'll stay with them until I need to change.

If a position turns against me, I get out immediately. Welcome volatility. While risky, I assume the risk. I own no stocks and haven't for ages, just do options.

My style is risky, not for most, but works well for me.

RR
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