Replies to post #41925 on A.I.M. Users Bulletin Board (AIMUSERS)

[Toofuzzy]

HI Allen

Yes sell covered calls at a price and volume you would sell anyway. Sell puts where you would buy.

Toofuzzy

[Adam]

Hi Allen, Years ago I got the idea to AIM leaps on non volatile stocks like MSFT. The idea was to take a stable stock which is not a great candidate for AIM and AIM it's leap option. I chose leaps so I would not have to worry about the call option expiring.

The system worked fine for a few stocks and I made some money until I hit a bad stock. I don't recall the exact stock it was but it was a large paper company. This stock dropped and my system failed badly. I think I lost all my previous gains, and after that I never tried it again.