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


To: SJS who wrote (53298)9/19/1998 2:00:00 PM
From: Jorge  Read Replies (1) | Respond to of 58727
 
Steve...Thanks very much for your detailed explanation of the selling put strategy...What's amazing is I understood everything you explained..I used to think options were too tricky to "mess" with...I have also heard/read that most people lose money trading options..I think those people must by buying/selling options for the speculative value, in and of themselves, which does seem risky....However, what I'm thinking about doing is really more like receiving money for doing what I would be doing anyway, buying a stock I would like to own at a much cheaper price..It's very interesting--someone paying me to do what I would do anyway even if no one were to pay me...One of those stocks is DELL..I would gladly pay 45 dollars a share, so I'm thinking about having someone "pay" me do it...Great idea..I think I will figure out how to get people to pay me, from now on, what I would be doing anyway....And if I can't get my price, I keep the premium, what a deal.

Regards, George