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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: satish kamat who wrote (1633)	9/15/1999 12:52:00 AM
From: Madpinto	Read Replies (2) \| Respond to of 2241

I never recommend specific trading strategies. However, I can give you hypothetical situations you can use as information to help you decide on a trading strategy of your own. If I believed a stock would go up by the end of the year, I would probably buy the at the money calls in Dec or Jan and sell the strike nearest my target price for the stock. I always get at least a quarter of point for the calls I sell. Otherwise, I feel I am giving them away. Just a personal opinion. In stocks dependent on certification or other specific news, I tend to avoid selling puts. Occasionally, a company will announce disastrous news that decimates its stock price. I hope this helps. Mike