[RT] Re: Overnight disaster insurance?

["Michael Ferguson" <wl7bdn@xxxxxxxxxxxxx>]

Thanks Ira

I was thinking that Ben's technique sounds like a very street savvy tactic;
something that is hard to find in books. I will look for more info from the
exchange. I am interested in learning more about this. For instance, would
one S&P long position be protected by selling one call and buying one put,
with the same relative strike prices?

Michael








----- Original Message -----
From: "Ira Tunik" <ist@xxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Saturday, January 29, 2000 17:41
Subject: [RT] Re: Overnight disaster insurance?


| Some of the best information is provided by the exchanges.  At
1-800-options
| they provide some of the best pamphlets for the beginner.  They are better
then
| most books on the market today.  Also try the NYMEX, the last info that I
| received from them was very good also. Doctor could tell you what the best
| booklets were to get, but the exchange puts out a list of everything that
is
| available by them, including videos and most of it is free.   I am not
| associated with any exchange and receive no benefits from this promo.  So
no
| spam notices please. Ira.
|
| Proffittak@xxxxxxx wrote:
|
| > In a message dated 1/29/00 11:03:26 AM Eastern Standard Time,
| > wl7bdn@xxxxxxxxxxxxx writes:
| >
| > << Ben,
| >
| >  Thanks for posting this strategy. Is there a book that deals with this
| >  subject? Thanks.
| >
| >  Michael >>
| > there are many option books that are good
| > what you  need is the understanding of  how you can set up your own risk
| > reward
| > and  the net cost of the transaction
| > you can get a recommended list of books from posting a  request to the
group
| > nice weekend
| > Ben
|
|
|
|