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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (1109)	11/22/1997 3:05:00 PM
From: hpeace	Read Replies (2) \| Respond to of 12617

I have day traded options, in fact I would like to sell a covered call in the morning for 3 and buy it back in afternoon for 1. or sell naked put in morning at 5 and buy it back 10 minutes later for 2.5... There is still a correltion between the emotions needed to be successful in day trading as in options. Although in options you need a highly volitile stk.. especially if you are covered calling a stk.. you like volitility so on rallies you sell the covered call and put a cheap put and when it falls back then your put is worth money and you buy your call back and by a cheap upstrike call.