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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (18099)	4/22/1998 12:08:00 PM
From: Tom Trader	Respond to of 50167

Yep--I did misunderstand--sorry The problem with options on the long side is that system or no system, not only does one have to know how much a security will move, but it also has to do it within a certain time-frame. Unless one is very nimble -- and can take advantage of rapid swings, to get in and out -- some are good at this--I am not. I prefer buying options that are far out in time or selling near month naked options. I have had greater success with the latter than the former.