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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Dominick who wrote (15264)	12/3/2002 11:57:54 AM
From: James F. Hopkins	Read Replies (1) \| Respond to of 19219

I sell a lot more stock options than I buy.. my option strategy is to complex for me to want to explain all of it. One thing I do ( buying or selling ) is chart the option and it's volume first..I pass on any I can't get at less than half the price of the majority of the OI , and I want to sell at over twice the price of the majority of the OI ... But just because they may meet the above requirement it don't trigger my action. It's just that I rule out any that don't have a likely market for me to unwind them on some poor sap who is trying to average down. And BTW just like a person who sells CCs, I sell CPs..like going short & selling the put at the same time. Jim BTW have you ever seen the action inside the "War Room" of a large brokerage house. ?