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Technology Stocks : Seagate Technology - Fundamentals
STX 259.19+2.1%Nov 19 3:59 PM EST

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To: William Epstein who wrote (581)3/3/1999 2:05:00 PM
From: Z Analyzer  Read Replies (1) of 1989
 
<< Options are a rigged
game, if anything is rigged. You can better odds at the BJ tables in Vegas.>>
I have never been able to justify writing covered options or trading options, but have had very good luck in badly beaten up stocks and markets buying roughly six month options when I believe they have 500% potential appreciation on an underlying stock potential upside of 100% plus. I am always amazed someone will sell me such an option. They get most of the downside risk and I get huge potential upside. -Z
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