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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: R.E.B. who wrote (79440)12/16/1999 9:30:00 PM
From: Patricia  Read Replies (1) | Respond to of 90042
 
Hi there

What are your thoughts on a book on options written by Lawrence G.McMillan, Options as a Strategic Investment.

Thanks

Ma Kettle on the farm getting the sleigh ready to hitch up cause more snow is coming to Chicago. Horses got fat and lazy this summer so they will get good exercise. <<gg>>



To: R.E.B. who wrote (79440)12/16/1999 9:32:00 PM
From: HandsOn  Read Replies (1) | Respond to of 90042
 
As You know about options, two questions. Do triple witch options expire at midnight Tonight, and isn't the aforementioned call a leap. Like Tim I am interested in dabbling a little in options and would appreciate any sources to educate myself that You can recommend Reb. I got Wade Cook's book out of the library a while ago, but have heard He really made His money in real estate and His seminars on options. Tia Reb.



To: R.E.B. who wrote (79440)12/16/1999 10:37:00 PM
From: CrazyTrain  Read Replies (1) | Respond to of 90042
 
Again, that does depend on your strategy, your cash flow, and your belief level on when CS will be bought out. If you sell the longer out of the money puts and use the funds to buy calls and the stock goes up but no buyout, you could always buy back your puts (cover) and free up your working capital.

Options opens up a whole new can of worms and GREATLY increase risk.