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Strategies & Market Trends : Option Trades
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To: RSAMBER who wrote (523)1/21/1998 3:46:00 PM
From: scotty  Read Replies (1) of 2341
 
Hi Rsamber, IBM fell on earnings news.I can tell by your post that you are buying deep out of the money options,usually a long shot.At the money is the best way way to go unless you anticipate a big move.Most newcomers are attracted by cheap out of the money options,but those options rarely pay off.I buy deep out of the money sometimes,but usually I buy at the money or point or two out of the money.
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