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Strategies & Market Trends : Options-Upcoming Stock Splits

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To: Scott L. Olson who wrote (35)12/27/1996 9:55:00 AM
From: Maureen   of 415
 
Hi Scott,

I'm pretty new at options I have been writing covered calls for a few months with great results and buying and selling calls with more mixed results! What do you think of GECA ? I have an average cost of 4 (unfortunately I had bought some immediately upon speculation of a split back when it was trading at 105 before it slid down) I am looking to sell at 5.5 ....I think that I might be selling too early, but I feel better with the small wins in my pocket rather than a loss. I had the INTC Jan 120 calls back in Sept or Oct and made out well with those, but sold sooner than I should have.

What is your strategy? Do you use any analysis program or such?

I have been using Schwabb - but I am not too pleased. The executions have been good overall but they have made errors in the accounting and don't have a very apologetic attitude about it either. I am looking to change... who do you use? I am thinking of Regal, Scottsdale or Lombard. I really like using the computer to trade and I like the E-Schwabb interface so I am not sure what to do...

Maureen
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