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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: RX4PROFIT who wrote (13550)5/13/1998 8:34:00 AM
From: Phillip C. Lee  Read Replies (1) | Respond to of 213177
 
Dennis,

Well, I just started options several months ago and never lost. The
total returns have exceeded 1000%. I gave away more than 50% of
profits to the needed. As I said before, this is just for fun.
With very samll amount to start with, I really never worry about if
I lose the game. Luckily, the trend seems always to be on my side.
I think Apple is still a good stock to play options. Before MacWorld
and Q3 reports arrive in July, the options of July Calls are
attractive for the time being. The disadvantage of playing options
is its light daily volume and harder to unload on your requested
price. Therefore, options always have to be sold at the rally to
get the maximum returned value. I am still very new in options
and still believe holding stocks is the best way to win big eventually.

Phil