Z, I have to disagree somewhat with volatility making more money. I agree that volatility
is the awesome pop in the fast movers. And yes, there is an awesome amount of cash to be
made.

Then there's this: Butterflys and condors can produce a monthly income. Ah. . .
income. . .

Last edited on: 10-10-2007 08:42 am

http://www.ivolatility.com/news/Putting_volatility_to_work.pdf

http://www.ivolatility.com/
Volatility will make you more money. Try to stay with calls until you get it. Puts are
harder. Patience and picking a stock that moves are really important. And I don't mean
.30 a day. I mean at least 1.00 at a time. Buy them at least 2 months out. Like DEC
calls. Gives you time to make mistakes. Try for in-the-money don't get greedy or you
lose. If it doubles that great! Only work with 1 or 2 different ones...no more until you
get the hang of it. You have to be able to watch the market. This can be very fast
moving if you want it to be. Decide how often you want to trade, and that will tell you
what type of underlying stock you want to trade. If you don't want to trade often buy
Leaps. They are at least a year off. Anyway learn about the volitity. very important.
GOOG is really having a taste of prime volitity.

Thank you.

www.amazon.com Buy Real Money and Mad Money by James J. Cramer. Incredible books! They
will teach you everything you need to know

investopedia.com

dont mess with them until you have studied and have a good, well rounded understanding of
how they work. sorceress warned me and got crushed anyway. learn the math.

www.cboe.com

When others start talking about calls, puts, shorts and stuff like that my head starts
spinning. Is there an online tutorial where one can learn what all of that crap is? I
just buy stocks low and keep them so I wonder if all of this is irrelevent to someone like
myself anyway. I'm all ears, though, if anyone would like to conduct a class in this
thread.
Thanks.