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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?


To: Dan Courtemanche who wrote (739)2/24/1998 10:24:00 PM
From: Brad Griffin  Read Replies (2) | Respond to of 2241
 
Try covered call writing. I do this part time and make more $ each month than my 4 year old start-up company, which I work at full time. Try www.coveredcalls.com for details on this option investment strategy. I research the stocks listed at this sight which is FREE. I initiate 3 buy/writes each month and 50% of my plays are called out for additional profits. I believe you can easily make a living with this conservative option strategy.



To: Dan Courtemanche who wrote (739)3/5/1998 8:45:00 PM
From: ----------  Respond to of 2241
 
A couple of old brokers once told me an old saying that may
apply..... "the firm makes money, the broker makes money. Two out
of three ain't bad." <g>

Or, to use a line from "The Outlaw Josey Wales", "dying ain't much of
a livin'."

Doug



To: Dan Courtemanche who wrote (739)3/7/1998 1:27:00 PM
From: Madpinto  Respond to of 2241
 
I'd be interested in opinions on the viability of trading options for a living- not on an exchange floor, but from home
I tried this myself. I found the lack of information and the slow executions very frustrating. If you decide to do something like this, I hope you understand options extremely well. I like Doug's 2 out of 3 saying.