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To: Zardoz who wrote (159808)8/17/2000 11:18:16 PM
From: mepci  Read Replies (1) | Respond to of 176387
 
Hutch: selling puts is the best way to buy stock, except when the stock suddenly takes off. Another shortfall is brokers like etrade wants 40% margin for selling puts.

As per buying calls what is your overall success ratio? Most buyers of options lose money.

I prefer buying stock, selling puts, and writing covered calls, particularly LEAPS.
Like right now I have a net positive cash flow with long cmgi and short Jan'03 40 Calls.

Well may be I am being too naive trying to teach a pro.

Good Luck to you.