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Technology Stocks : Wonderware (WNDR)

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To: Gary Strike who wrote (713)8/30/1997 2:27:00 AM
From: John D. White   of 954
 
I would never recommend that. Home run hitters eventually loose. Base hitters survive.

If you have been reading my posts, you will note that I seldom buy options. I am ALWAYS short options. I do combinations also- spreads, strangles, etc. all designed to capture option premium.

My strategy is to get a consistent weekly income off this market. If someone were to keep 10 percent of his capital in out-of-the-money calls, as suggested, he will eventually loose 10 percent of his capital. It's almost that simple.
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