Canadian Options Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Canadian Options

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mark hedley who wrote (615)	7/9/1997 8:31:00 PM
From: Jan Johnstone	of 1599

I like TIPS and TXO(options on the TSE 35). The former I use mainly for covered call writing. I'm more than fed up with trying to pick individual stock winners, the market as a whole is a lot easier to get info on, and forecast. Economics I understand, specific sectors like gold, oil and tehnology, are more troublesome. Most of my options portfolio is index based. The nice thing these days is that the golds are countering the industrials, which lowers the volatility in the TSE 300/35. Gold may drop to the $280 level, but a steady interest rate policy will likely more than compensate by boosting the industrials. If it weren't for the golds the TSE 300 would be well past 7000. Toppy !!! I don't know, the key is how gold prices hold up. Good luck with those Puts. You may want to use a spread as a hedge, in case you're wrong. Jan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next