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


To: freeus who wrote (2405)2/8/2000 4:50:00 PM
From: Poet  Read Replies (3) | Respond to of 8096
 
Freeus,

I've started to do the same thing as I've become more profitable. I use the bigger leverage in my account to buy very DIM LEAPs (and shorter-term calls and puts as well) during pullbacks. This gives a much higher delta (point for point move in the value of the option as the stock goes up).

It's nice to be able to "afford" the more DIM options, and the relatively higher return and degree of safety that they bring.

I really enjoy your posts and questions here, BTW, as we have a lot of readers who are learning and you don't mind sharing your learning process. So, thanks. :)