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Sure!!
Just sell the options... what is that old moldy statistic "90% of option
BUYERS lose money". Do a study of your own. Pick an option on a security
or an index and "paper trade" that you sold it on such and such a date
at xxx price. If you do enough of them and spread the risk (like a
mutual fund) you'll have tons of cash in no time.
PROBLEMS: You need a fair amount of margin capital
Ex. To sell 10 OEX's naked (puts or calls) you need
$100,000 or more.
Individual equities require much less.
The standard ballyhoo: "Oh no that's too risky", "unlimited risk" That's
just to scare the masses away.
Look at the bottom line... you want to piss away $20,000 to $30,000 in a
few years "buying options"?
What do insurance companies do? They sell time premium
(houses, cars, boats, LIVES, etc).
You can do the same thing. SELL premium. That way when a few weeks go by
and the "stock" does what someone else thinks it will... you will have
collected their CASH (time premium)and they will wonder why they lost
$$$ when the "stock" did what they thought it would...
Sound familiar?? :)
--- j sebastian wrote:
> I am curious to know if anyone has ever heard of a
> retail client
> consistenlty making money in the options market.
>
> -----Original Message-----
> From: THE DOCTOR
> To: RealTraders Discussion Group
>
> Date: Wednesday, March 24, 1999 12:11 AM
> Subject: CBOE Advanced Seminars
>
>
> >I promised I would post details of the new developed
> >advanced options seminar. This is the first time a
> seminar
> >this advanced will be given by the CBOE. The focus
> will be
> >trading in a market with rapidly changing
> volatility, using
> >and understanding VIX, when not to trade and a
> number of
> >other topics will be covered. The details are at
> www.cboe.
> >com. Seminar dates and locations are 4/22 at CBOE,
> 4/24 in
> >Schamburg, 5/18 Mid-Town New York, 5/20 Greenwich,
> Conn.,
> >6/08 L.A. and 6/10 Newport/Newport Costa Mesa. The
> 2
> >Chicago area seminars will have market makers and
> floor
> >brokers on the program as well. These seminars will
> have a
> >$100 fee with a cancellation penalty.
> >I'll be doing the Mid-Town New York and Greenwich
> seminars
> >which occur during expiration week.
> >
> >Details are at www.cboe.com
> >
>
>
>
>
===
Regards,
Gary
The Best Global Telecom Price$
Guaranteed...
http://LD.net/?garywgray
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