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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: Lao Ou who wrote (713)	1/6/2000 9:02:00 AM
From: RocketMan	Respond to of 8096

I don't know about an IRA account. I have a taxable account, and to trade options you have to make a request, fill out some forms, sign them, and wait for them to authorize it. It takes a week or so, because it has to be done through the mail. Check the FAQ on ETrade. I did this over a year ago, but rarely did options until this year, when Jill and Poet started this thread on G&K options. I've made a few profitable trades, beginner's luck, but I don't want to trade options, lack the time or the interest to be a trader. I've heard options are like crack, and most option traders lose. What I want to do is build up some good positions with leaps, and maybe use some puts as hedges, this is more in line with G&K investing. Good luck.