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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: sandintoes who wrote (6197)3/9/2005 7:24:49 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Sandi – I do long term option leaps and know the put/call market but would like to refer you to Terry or others on the board for safe play puts options plays and the how-to.

I can tell you that you don’t want to buy an option with an expiration date too close to today. That is why I buy only leaps. Others on this thread like to leverage (very wise) their money by means of options, put/calls contracts.

Open interest in the contract they buy also plays a role.

I would ask others on this thread who are willing to share, to do so.

Reid