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


To: Willsgarden who wrote (41193)4/24/1998 2:28:00 PM
From: Dwight E. Karlsen  Respond to of 58727
 
Philosophical: Can one eliminate most of the risk of options and trade them exclusively and profitably??

Nope.

Can you go to Vegas and eliminate most of the risk of slot machines, and play them exclusively and profitably?

Nope.



To: Willsgarden who wrote (41193)4/24/1998 2:46:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
Bill:

>>Is anyone here actually holding options on tech stocks???

I am not

>>Inquiery: Any comments on the jbil may 40 calls I'm holding??

I am short JBIL--but I could be wrong

>>Advice: Any can't miss calls to recco????

If anyone tells you of any--disregard their advice

>>Philosophical: Can one eliminate most of the risk of options and trade them

Nope--among the highest risk trades are the trading of options

>>exclusively and profitably?? opinions welcome??

Some are able to do it--but for the most part these individuals are in the minority--after all over 80% of options buyers lose on their trades