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To: Chuzzlewit who wrote (104267)2/23/1999 4:15:00 PM
From: my2boys  Respond to of 176387
 
There have been a number of newbie options questions lately (some from me). I thought it might be instructive to list a few options for March 20 expiration. Simulated trading certainly does not "feel" the same as the real thing, but it can be a learning experience.
After expiration, I will take a stab at breaking down the profit or loss of each position. (Learning by teaching.)
I hope the more experienced traders out there do not mind this basic exercise. I am sure at least some of you would like to chime in with the relative merits of each position.
I am bullish in the short term so I would pick the March 95 puts (DLQOS).
If anyone would like to go on the record for their pick, send me a PM and I will jot it down.
May I suggest that we keep the analysis very basic this time and consider this to be Selling Options 101.

Sell Calls
mar 95 (DLQCS) @ 1 7/8
mar 90 (DLQCR) @ 3 ¾
mar 85 (DLQCP) @ 6 ¼

Sell Puts
mar 95 (DLQOS) @ 9 5/8
mar 90 (DLQOR) @ 6 ½
mar 85 (DLQOQ) @ 3 ¾



To: Chuzzlewit who wrote (104267)2/23/1999 5:23:00 PM
From: John Carragher  Respond to of 176387
 
dam.... I just torn my tickets!!! just kidding. see ya John