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


To: Theophile who wrote (1415)1/20/2000 6:55:00 PM
From: Jill  Respond to of 8096
 
Good play, and welcome to our thread. Jill



To: Theophile who wrote (1415)1/20/2000 10:44:00 PM
From: SecularBull  Read Replies (3) | Respond to of 8096
 
Take a look at WCG (if you like ENE).



To: Theophile who wrote (1415)1/21/2000 2:15:00 AM
From: plow guy  Read Replies (1) | Respond to of 8096
 
.......... I am a gorilla investor...........

The most comforting idea I got out of the gorilla game was the suggestion that once a company is determined to be a gorilla one should invest into it whenever money is available. Whether the stock is up, down or overvalued just buy it for it is a gorilla.

The question I have is how does one apply that idea to investing with options and maximizing return?

The answer I came up with is to buy calls.

Diversify:
- through strike price (in, at, out)
- through time (near term, mid term and leaps)

Then roll (in, at, out, up):
-Best returns have been from rolling during short term corrections.
-Have rolled well in advance of strike date to protect from being caught in a correction with no time to recover.
- Have rolled at all time highs. Gorillas seem to make all time highs frequently so this has not presented a problem.
- I roll whenever an option becomes deep in the money.
- I have rolled when option has lost money

I think this strategy is working because I am doing it with a gorilla.

Did I over simplify what Mr. Moore was trying to teach us?