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

To: Jill who wrote (395)	10/6/2000 9:27:27 PM
From: Teresa Lo	Read Replies (1) \| Respond to of 8925

"...I don't like to do current month as that seems too risky..." When I used to buy options, would buy at the money or in the money ones with only two weeks to expiry to minimize premium. If I was wrong, I'd get out in a day or two. When I sold options naked, I would sell the ones that were out of the money in the direction that the market was going, and sell them for a month out in advance to make the most premium. It usually worked out, but rarely did I stay in for very long, particularly when I had bought some. If you are looking at LEAPs next time, let me know, so that I will look at the weekly chart for you. That would be a more appropriate timeframe, I think. Teresa