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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: chaz who wrote (5281)	8/24/1999 11:38:00 AM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 54805

Chaz, IMOE (is that an acronym yet? for "in my own experience"? I guess it is now :), actually trading options is the best teacher. Until then, all this talk about puts and calls, etc. can be very confusing. Having real money on the line tends to improve one's capacity to comprehend the basics quite rapidly <g>. Best to nag your broker (online or otherwise) a lot and make sure you understand each step of the way what you're doing. Also, good to "start VERY small". I started with some AMZN puts in Jan. All just my opinion. I think there are more informed and experienced traders here who can chime in. Greg

To: chaz who wrote (5281)	8/24/1999 3:49:00 PM
From: Jean M. Gauthier	Read Replies (2) \| Respond to of 54805

Hi Chaz, What LEAPS book is the best BTW, that I could buy ? My LEAPS info comes from here at SI, and I decided to take, what else, the LEAP .. <smile> I have more questions people: 1- If I have a Retirement account , where I cannot buy the shares from a LEAP exercise because we cannot use margin (as well as for canadians, foreign content would go over the 20% limit...:(.... ) What should I do with the LEAP. Sell it and buy further out LEAPS 1 week before exercise ? Or Sell it at expiration ? or Sell it WHEN in this case , Mid Summer 2000 to BUY the 2003 LEAPS ? 2- If I have them in a normal Margin account, When should I sell them ( or better yet, exercise them ?) a) 1 week before expiry ? b) The Expiry date I exercise ? Thanks for the help people... Take care Jean