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Strategies & Market Trends : JANUARY 1997/BEST OPTION PURCHASE

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To: jmac who wrote (6)12/20/1996 6:04:00 AM
From: wiley murray   of 84
 
Jmac: I think your INTC is a good selection. I look for some profit taking after December expiration, but then I think INTC will take off.IBM and INTC are the most expensive options but for an obvious reasons, the volatility in these stocks.I try and keep an eye on the most volatile stocks.Volatility is the name of the option game. Go with the trend is another motto I follow.Stay away from trying to pick tops or bottoms.That one has cost me dearly.Trying to predict earnings has also cost me.Irregardless I think option trading beats outright stock or futures trading.Please share some of your insights for option purchases.Thanks
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