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Market_Fest4

05/19/12 3:08 AM

#7166 RE: gfp927z #7165

GFP,
I can get option quotes everywhere. On Yahoo. I like TDAmeritrade's Think or Swim platform. They're great for options. Usually, they're grouped by expiration date. Then listed numerically.

it's kind of hard to chart an option price. It's affected by time decay, and volatility, the price and beta of a stock too. You can chart the underlying stock, then buy or sell options depending upon your expectations.

If you're day trading or grabbing pennies, you'll want to be in stocks whose options have alot of volume (at least a few hundred a day in strikes near the money), otherwise you will have wide bid/ask spreads and a lack of liquidity.
MF4
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scstocks

05/19/12 10:53 AM

#7167 RE: gfp927z #7165

One way to play options in a boring way is to own the underlying stock and write covered calls against it.

A stable high div payer works well for this, like a bmy say.

If stock is paying 4.5%, and you pocket some cash every three months by selling calls, you can increase your return to say,6.5%, over time....lots of bond guys would kill to gain .25 of a point over time. As long as the stock doe$ not get called away you can write them 4times a year.

Note...learning to type on tablet, sometimes while on exercise bike, so spelling, puntuation, are likely worse than normal,,,,there must be built in checker that also likes to respell words, add periods, and remove decimal points,....overall love it though.
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scstocks

05/21/12 11:31 AM

#7179 RE: gfp927z #7165

Have you watched bpax the last few trading days? Yikes.