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Strategies & Market Trends : Value Investing

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To: Freedom Fighter who wrote (5793)1/18/1999 12:40:00 AM
From: James Clarke  Read Replies (1) of 78476
 
Ditto Shane's questions for me. This strategy is very intriguing to me since I have never traded options, but it sounds too good to be true. For this to be as low risk as your post suggests, there's got to be a stop or something in mind. But with naked calls, you could still get murdered if the stock gaps up on you. Please elaborate, you've got me very interested and I've got a couple stocks in mind for this. I never thought of using options for anything except a greedy play on a quick move up (i.e. long a call option) or a chickens%$t short (i.e. long a put option). Short a call is very intriguing in certain situations.

Jim
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