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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: kha vu who wrote (44869)6/16/1999 9:56:00 PM
From: manny t  Read Replies (1) | Respond to of 120523
 
Kha Vu,

Selling Puts is wonderful if a stock goes up.But if a stock goes down,it leaves you with unlimited risk.

Selling Calls is a better strategy if you need extra money.

Sorry Small Fry,I just had to answer from some very bad experiences selling naked puts.

Manny T.



To: kha vu who wrote (44869)6/16/1999 11:35:00 PM
From: SMALL FRY  Read Replies (1) | Respond to of 120523
 
Selling covered calls as Manny T indicated will be the best strategy, however, why do that when the stock is again starting to perk up and the outlook is a little brighter? I've never owned AOL so I haven't really experienced the volatility...

Selling Puts is basically going long with the premium up front... I've never done it since I'm always on the buy side... maybe someone else can enlighten us with "real life" NOT McMillan's views.

SF