Replies to post #39245 on A.I.M. Users Bulletin Board (AIMUSERS)

[lrp42]

Hi Tf,

I have a friend who makes consistent income selling Calls and Puts. He seems to know what he is doing. He tried to explain it all to me...measuring volatility....Delta, Gamma, Theta, Vega, etc., but it all went over my head. One thing he says is to "buy low volatility and sell high volatility". I have a hard time grasping what he is talking about. You probably know all about that sort of thing.

I once sold some Covered Calls, but I was nervous the whole time up to the expiration date. Don't think I am cut out for this type of investing.

Best regards,

Ray