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Strategies & Market Trends : Roger's 1998 Short Picks
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To: McNabb Brothers who wrote (9701)6/8/1998 1:37:00 AM
From: Gary Korn  Read Replies (2) of 18691
 
Hank,

I fully agree with your view about taking in option premiums (rather than paying them out).

If it is true that 80 percent of options expire worthless (both calls and puts), then surely it is best to be the writer of those options rather than the buyer.

I don't understand why more people don't write options (both puts and calls), but perhaps it is best that they don't (else the premiums might diminish).

Gary Korn
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