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Strategies & Market Trends : Advanced Option Strategies
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To: EepOpp who wrote (233)1/13/1999 2:34:00 PM
From: Greg Higgins  Read Replies (1) of 355
 
Will Tham writes: i read some of your posts and seem to know options pretty well. do you trade them online? if so, do they allow you to trade spreads? that is what i am most interested in.

I trade through Benjamin and Jerrold. They don't have an online component in the sense most folks expect it, i.e., the internet. I use them them because they will happily allow me to lose all my money selling naked calls (provided I meet industry minimum margins). :-)

I suspect you want to check out Ameritrade, www.ameritrade.com .

I'm not sure you really need an on-line component to trade spreads. Usually I do spreads via the broker, where I establish a net debit or net credit position.

My primary investment strategy (the one that works), is selling calls against LEAPS. I think McMillan focuses too heavily on the individual trade and not on the trade sequence when analyzing this particular strategy.
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