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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (60620)1/28/2004 8:44:36 PM
From: Jill  Read Replies (1) of 65232
 
RR...I've been doing a bit of swing or daytrading of options again--small amounts but doing well & having fun, and I've been discussing w/ Teresa my methods... :)

She makes a good point that if I want to buy options out 3-6 months it is because I am giving my trade room, and if I'm giving it room then I am giving it rope to hang myself. Any thoughts about that? I know you often buy ITM 3-6 months out. I feel "safer" further out but what is really safer?
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