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  1. K

    Best Options for Long Term Directional Bet

    Seth, there might be, but that was not what Toby asked for. He wanted to know a few option strategies for intermed - long term outlook on a stock. If you want to know most of the tax treatment for individuals, go to cboe.com and look for a pub called "Taxes & Investing". If you trade full...
  2. K

    Best Options for Long Term Directional Bet

    Hey Toby. You got some good advise from MTE & MBradley, ITM LEAPS cheaper than owning stock (with small time decay) and OTM time spreads a way to play a stock that creeps up. Also look at owning the LEAPS and selling an OTM call against it (time-diagonal spread). Time spread and time diagonal...
  3. K

    Considering career at CBOE! Need advice!

    Hey kacija. As the last reply said "give it a shot". If you can hook up with a smart and helpful boss, mentor or group, the time could be well spent. What you learn as a clerk is up to you. Just being down there doesn't mean you will automatically pick up good trading techniques. With most...
  4. K

    Who's an Optionetics Grad?

    Samson, I've have the Natenberg book for a while. I like it very much, not an easy read for a novice however. Can't comment on the VHS tape. There is a series of tapes someone puts out (traders library?), some very good, with Natenberg I can't see how the tape could be better than the...
  5. K

    Official GOOG prediction poll

    For the GOOG short wanna be's GOOG Options come out Friday at the CBOE and all the other exchanges. Here is the problem, or opportunity. Since the stock is difficult (to impossible) to borrow, call/put parity is temporarily out the window. Could be interesting to see where put vol's...
  6. K

    Who's an Optionetics Grad?

    Hey Pismo. These strategies usually easier to find with indexes, more strikes to choose from. Easiest way to initiate is call spread then put spread, or visa versa. I like limit order on each spread, when done on 1 side you can adjust other side if needed. Your comment on sell side then...
  7. K

    Who's an Optionetics Grad?

    Wan2BTrader, You ask about where to find beginning book on options. Do NOT start with the Natenberg book. I would start with something more basic. Thomsett is one I like a lot, some on ET like Cottle, I don't but majority seem to. I would use a McMillan book as phase 2, then Natenberg...
  8. K

    Simple and Complex Option Spread Trading

    RedSky, I PM'd you on this, did you see it? Thanks, kny3
  9. K

    Who's an Optionetics Grad?

    Samson, re: ... I asked that question and she told me " rather then her giving me a bunch of hand selected referrals, it would be much better for me to go to the first day and ask the students myself in person" that seemed really intelligent and fair to me as I could still get my money back...
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