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Non-Tech : The Critical Investing Workshop
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To: Voltaire who wrote (26815)7/27/2000 7:56:22 PM
From: Clappy  Read Replies (1) of 35685
 
I like the way ELON and QCOM held up today. The resistance here is pretty strong.
Someone must have been buying into these to take advantage.
If the market gives a relief rally tomorrow we could see a nice pop in these.

Volty, Do you ever sell naked calls or naked puts? (A form of shorting a call or put contract?)
It appears to be another way of using other peoples money.
A person I know had mentioned that sometimes when he's very bullish, he sells Naked Puts and then with the money he receives he uses it to fund buying calls in the same company.
Do you see advantages in this?
Or is it better to buy calls on margin?

Or perhaps use the money from the sold naked put for monthly income while his common shares cover the short bullish position.

What other methods of options trading do you use?

-Clappy
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