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To: bonnuss_in_austin who wrote (8513)1/5/2001 9:14:25 AM
From: mishedlo  Read Replies (1) | Respond to of 13572
 
You can purchase control of twice to 3 times the stock for the money.

LEAPS because you have TIME to overcome the initial premium.

13,000 in RMBS leaps at the beginning of the year netted me 240,000 when I cashed out. I blew all that money back as I have reported, but you get the basic idea.

That said, I do not expect those kinds of returns again.
Right now I am in CSCO and IBM leap PUTs. Plenty of time to be right.

M