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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (10261)	1/15/2002 3:59:43 PM
From: jcky	Read Replies (1) \| Respond to of 23786

Isn't selling options just beautiful? I think in this type of market, it's one of the few ways to consistently make some dinero.

To: Jorj X Mckie who wrote (10261)	1/15/2002 4:13:54 PM
From: Doppler	Read Replies (1) \| Respond to of 23786

I too think in this environment that writing calls is the way to go. QCOM, SFA, NOK, and KRB are current positions that I have written. Trading options on the other hand is a pain in the ass. I bought KKD puts just a few weeks ago at 45. Sold them in three chunks today when the stock was between 39-41. I ended up losing about 20%. Luckily I also finally was able to find some shares to short a couple of weeks ago at 44 and so now I am close to even on a trade that should have made me mucho dinero. In short.. Short....or write calls. Don't buy puts