Replies to post #98 on Option Education

[BUDDIEE18]

LOLOLOL...Lee ?? it's going to take me 7 days to re-read and re-read your post, which, by the way - I THANK YOU FOR IT!!!

...and 4 years for moi to get about "SELLING the PREMIUM INSTEAD OF b.u.y.i.n.g. it"

"Buy to Open"
"Buy to Close"
"Sell to Open"
"Sell to Close"

when i BUY either Calls/Puts -- i click on:

"Buy to Open"

and then when i SELL either my Calls/Puts...i then

"Sell to Close"


sooooooooooo what you are advocating to SELL the PREMIUMS...then i do the following??

.."Sell to Open"

and then when i want to get rid of it:

..."Buy to Close"

??? is this correct ??

tia...

instead of wasting your posts -- you can email me @ [e-mail] -- if you wish to.


ps...i've printed your post so that i can re-read it as many times as possible. THANKS!!! :)