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Technology Stocks : Compaq
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To: Leo Francis who wrote (996)12/5/1996 7:38:00 PM
From: hpeace   of 97611
 
Leo..then get your facts straight. the quote is 90% of the calls and puts expire worthless.

so, I usually write the call ....so I write the call that expires worthless which means I keep the money.
This is why I ask you to research the atml thread you can see the various positions I advocate.
You obviously will not do this. If you do then you would know that i tell most poeple quit going to LAs vegas which is what I refer to
just betting and buying a call.
there are situations that would dictate buying a call. I recco those only.
did you understand that part about me writing the call that all the books you read said expires worthless and did you understand
that I keep the money.....
Your point is close, but why you addressed it to me with all my post on the other threads I do not know.
All your discussions in this post reveal that you addressed your post to the wrong person..I write the calls not buy them. then i hedge that position to ensure that I will make allot of money... allot of money.

Oh well.....!!!!!!
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