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


To: Letmebe Frank who wrote (757)11/28/1997 7:31:00 AM
From: Porter Davis  Respond to of 1598
 
<<Could you comment on the options market for ABER?>>

Ummm...in a word, no. The OSC has cast a long shadow on what they feel are unliscensed 'tipsters' (surely not me!), so I contain myself to observations on the options in which I am the specialist, and general comments on the market in general. However, if you think you're onto something with Aber, check out the open interest and trading volumes to make sure they are sufficient for the size of action you plan on taking. (I'm sure they will be.) If you're correct on both the direction and timing of a move, options are by far they best strategy, since the effects of leverage are most pronounced.

Dan C., I got your e-mail and will answer when I have time. It's not a short answer!

My daughter's figure skating is taking me to a competition in the wilds of Keswick this weekend, so I don't know when that will be.

This is traditionally a day for the Dow to rally. Let's see. T300 still looks sick.

Happy trading.

Porter