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Non-Tech : Bernie Schaeffer's - Option program

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To: JACK MARCEAU who wrote (86)6/3/1997 11:45:00 PM
From: Alice M Bryant   of 203
 
I am not as experienced as many on this thread but I have done well
by weeding out the picks and by not being greedy. I sell if I am ahead a thousand dollars unless the stock is very strong. I just
bought and sold July options on Fore and had I been greedy I would be back to square one today. Now I may be able to buy the July 15 calls again depending on how things look tomorrow.I had them for one day-ten contracts. I have a few favorites that I get in and out of. It is great to have a stock that you are very familiar with and you know the company and what is happening and you can get in and out of the same options again and again. Do any of you do this? I find that I hold my options for a very brief time.

Alice
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