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To: UnBelievable who wrote (38663)11/17/2000 7:28:20 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
well, there's always a trade-off between leverage/risk/probability. what i do is i usually buy a mix...some closer to the money, which i tend to trade out of quickly, to recoup the cost of the entire position if possible, and a bunch of far ootms for the lottery ticket possibilities. in case the myth becomes legend.
oh, and i always play front month...until expiry is only 2 weeks away, then i switch to the following month.