I recommend paying premiums of:
3% OR LESS <<< for buying options.
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LEAPS....I would try and pay less than 10%, likely 5%. ideally 3% or less.
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And, dabble in them.
300 Dollar positions per option... is probably good.
Once you are playing with the houses money (profits) then... increasing INITIAL call(long) and put(short) positions will be easier.
Less stress of fluctions from +200% to -98% lol. =)
Try limit orders with: entry AND exit pps, after purchased.
THen...
you can re adjust pps exit as NEEDED later.
VERITAS77
It is a puzzling thing. The truth knocks on the door and you say, "Go away, I'm looking for the truth," and so it goes away. Puzzling.
Stop by the ETERNITY board for a contrarian approach to all mattersof life