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Strategies & Market Trends : Canadian Options

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To: Porter Davis who wrote (763)11/30/1997 9:58:00 PM
From: Jan Johnstone  Read Replies (1) of 1598
 
"Bravo, Bravo, Porter !!! One of your best updates yet. Maybe if things go sour trading options at the TSE, you could hit the lecture circuit.

I've been watching Inco, and had the yen(oops!!) to trade it on Friday. Frankly, I don't like the option pricing and spreads, I'll watch for a couple more days. Unlike BLD which I'm doing fairly well with. No, those April 75's were not mine, I rarely write anything beyond the coming month. BTW, I would like to see a $65 strike or lower, in case the bottom falls out of Ballard.

You mentioned in one of your previous posts about the increase in option volume on the TSE. I've got a hunch that the internet has been a real source of education for many, including me. I trade options far more frequently now than I did a couple years ago. In fact now, my core stock holdings MLT, BLD and recently NNC are all option eligible. I'm a real fan of covered calls.

Keep up the yammering, here and with the TSE board. You've got many of us on your side.

Jan
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