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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (2617)10/1/1998 1:07:00 AM
From: Millby2000  Read Replies (1) of 7247
 
Tim,

I am very new to SI (9/9). I enjoyed the WSJ article on you. Sounds like you have it under control.

I have been LEARNING about the stock market for the past 10 years. The first 8 years were with the school of hard knocks. The last two years I have found my niche - options!

In your trading are you into buying and selling options or writing covered calls? Or are you pretty much in and out on the same day?

My most recent option highlight was purchasing RealNetworks Nov 40 call on 9/25 for 2 3/8 and selling it on 9/28 for 6. This is how I enjoy playing the market. Of course, with a down market, your option can evaporate quickly.

Best of luck to you. I will keep an eye on your postings.
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