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


To: r.edwards who wrote (2972)2/15/2000 12:24:00 PM
From: edamo  Read Replies (1) | Respond to of 8096
 
r.edwards "only with gambling money"

bad habit to get into....options should be used as a portfolio enhancement, and purchases or sales should be skewed to probability of successful position. past several years a great deal of money was made by "rolling the dice" with otm call buys....the dice eventually get cold....just look at qcom call buyers in end of 99.....pay the big prem, stock goes flat to down, and time is not your ally!