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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?


To: Sam2482 who wrote (754)12/19/1999 11:24:00 AM
From: the options strategist  Read Replies (1) | Respond to of 1235
 
Vicki, various kinds of spreads are generally all I do, including leaps.

However, these one week plays on OEX during expiration week was something that I was experimenting with for how to take advantage of:
1. the low front month prem
2. the volatility
It was a high risk play and one would need to be both nimble and willing to lose their prem.

I studied this very carefully all week while in the positions and saw how I could have lost money if I had played emotionally rather than based on the indexes support and resistance.

jj