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

To: r.edwards who wrote (934)1/11/2000 1:17:00 AM
From: freeus  Read Replies (2) | Respond to of 8096
 
IMO always roll to a later month, never roll up in the same month, way too risky.
And the number one rule of options investing is:
(drum roll)
take profits take profits take profits
Dont wait forever: sometimes the profit you see is the best you are going to get and it goes down and never achieves that price again!
freeus



To: r.edwards who wrote (934)1/11/2000 9:52:00 AM
From: Ritch  Respond to of 8096
 
r.edwards:

I think that I would roll out to at least the Feb's. Your strategy might work, but is too short term for my blood. You would be taking profitable options and adding a lot more risk on a very short term basis. JMHO!

Good Luck!

Ritch


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