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


To: Jill who wrote (1342)1/19/2000 10:11:00 PM
From: taxman  Respond to of 8096
 
thanks. i had my say and edamo had his reply. the case is closed as far as i'm concerned.

regards



To: Jill who wrote (1342)1/19/2000 10:15:00 PM
From: taxman  Read Replies (2) | Respond to of 8096
 
"I prefer...[selling puts] to covered calls"

they are same.

regards



To: Jill who wrote (1342)1/19/2000 10:27:00 PM
From: YlangYlangBreeze  Respond to of 8096
 
Dearest Jill,
You are always so pleasant and balanced in your responses. I am sorry if I butted my nose in where I shouldn't. But this thread has become a refuge for me. We agreed to huddle here in our shelter from the storm. I want it to remain civil.

I took 25k from my other account to learn options, and under Poet's tutelage I have made several purchases of Feb Calls and they have proved quite profitable in the short term. I really only have any understanding of QCOM. I need to become familiar with some other stocks. I appreciated the idea of clarifying goals. My goal is to increase my holdings in QCOM and diversify.

I see only three ways to increase my holdings.
1) Invest more money. I can't spare the cash..
2) Buy on dips, sell on surges. Tricky to time the market.
3) Work the options angle. Accumulate LEAPS?

So here I am. Reading Roth and Thomsett. Glancing at McMillan. Barely beginning, but hooked already.

I find it difficult to split my hopes for one stock. I like that I can buy calls on dips and sell them as they increase in value, but I can't quite reconcile hoping it will drop again so I can buy them back for less than I sold them. I guess I need to relax and go with the flow, aware that the overall flow, at least for QCOM, is UP!

again, sorry for going off
i'm so tired of the bickering on other threads
joelle