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Strategies & Market Trends : Canadian Options -- Ignore unavailable to you. Want to Upgrade?


To: Dave.S who wrote (746)11/20/1997 2:02:00 PM
From: william smith  Respond to of 1598
 
I'm with you. I started the year with 15-20 different stocks. I'm down to 3 stock. No more margin and zero leverage. I believe it is a time for caution. I'm selling covered calls and playing safe!!! In a flat market I think this and dividends are the best bet. I know it is boring but I want to see a sense of direction befor I jump back in, but we all know this was coming.

Will

I'm investing in boring mutual funds. I justed started a business in financial planning (yes I'm legal) and I'm seeing 6-10 people a week as new client and developing plans. It take alot of time.



To: Dave.S who wrote (746)11/20/1997 3:25:00 PM
From: Sleeperz  Respond to of 1598
 
>>>This is one heck of a difficult market to trade.

Option volatility is at record highs but I don't feel like selling, but they are too
expensive to buy. The market seems to be changing direction almost every day. I'm not that good at day trading. <<<<

Canadian options are the worst to trade. To high a spread to much premium, no volume.
Take a look at the OEX, ADPT and QNTM options today. Nimble options traders could have made a mint today. Links good for today's prices

OEX nov 925 Call
cboe.pcquote.com

Qntm nov 27.5call
cboe.pcquote.com

Or Rambus but the option do not show up yet.

cl