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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: AUrush who wrote (59596)9/14/1999 4:56:00 PM
From: Bald Eagle  Respond to of 90042
 
<<I think this thread would
do well to learn options strategies in addition to making picks ... >>

I agree. All I do is sell and buy back covered calls, but it has helped me cut losses and generate income since I've been doing it.



To: AUrush who wrote (59596)9/14/1999 5:25:00 PM
From: steve susko  Respond to of 90042
 
accept your correction - options can be very useful if use properly.

however, in takeover situation, the mm can move the stock up before its time and fake traders into loading up on options that would expire worthless.



To: AUrush who wrote (59596)9/14/1999 6:06:00 PM
From: DO$Kapital  Read Replies (2) | Respond to of 90042
 
What are the stats?
About 80% of options expire worthless.