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To: Boplicity who wrote (23446)11/27/1997 11:24:00 PM
From: hpeace  Read Replies (1) | Respond to of 176387
 
greg, he doesn't day trade...
By his straight naked call strategy instead of a spread...
he's day dream trading<ggggggg>



To: Boplicity who wrote (23446)11/27/1997 11:50:00 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 176387
 
Greg,

I am not a day trader, but I have a few times because of some very good luck in when I did sell the calls I ended up with a day trade! Two stocks I did day trade were ZITL and PRST the days they were short squeezed and then broke the same day or the very next day! After I sell an option I will almost always put an order in to buy it back for a quarter point up until about 3 weeks till it expires then if it has not filled then I will usually cancel it and try and collect the whole premium!

Hank