AllExperts > Experts 
Search      

Options & Futures

Volunteer
Answers to thousands of questions
 Home · More Questions · Question Library  · Free Encyclopedia ·
More Options & Futures Answers
Question Library

Ask a question about Options & Futures
Volunteer
Experts of the Month
Expert Login

Awards

About Us
Tell friends
Link to Us
Disclaimer

 
 
 
About tbaarr
(Top Expert on this page)

Expertise
I answer only public questions on leap call options and how i use them. I was retired as a single man in 1996, but in 1998 I got married and now with 2 daughters 4 and 8,as of aug 2007,I found it necessary to drive big rig back since 2004 so I could provide them with AFFORDABLE quality health insurance. I use a trend theory that parallels the dow and trade stocks that follow the dow consistantly some of my successes was IBM`s jan 2005 100 call ZIBAT bought at 330 350 and 380 when ibm bottomed at 55-59 and sold at 580 when the stock hit 68-70 5k profit on each 10 k tied up I have found my screename being linked to garbage financial sites that I have no association with. Please ask me before you use any of these sites, or let me know at my website or my blog. http://www.geocities.com/tbaarr/night_vision.html http://www.tbaarr.blogspot.com/

Experience
Since 1991 have traded leap calls for over 10 years on high quality stocks

and make 30-50% as a average i do this for fun and for free so others may benefit

Organizations
ex top 10 askme.com expert i used the screename tbaarr there also my specialties are described by the topics below credit ,leap options explanation and use, trading leaps, analysis of stock price vs leap price and shaving the bid or the ask price when using covered calls remember if you get 10 bucks shaved off the bid and ask price of a covered rollout on 5 contracts you covered your commission
   

You are here:  Experts > Money > Stocks > Options & Futures

Questions Answered By Expert  tbaarr 
In Category  Options & Futures

SubjectDate Asked

Option question10/2/2008
  Q: I am new to options. The stock I am targeting is current price right below 15 a share. I feel it ...
  A: consiering that the stock is below 15 and the 12.50 option is a 2 buck premium i would either buy ...
OPTION PREMIUM9/17/2008
  Q: I am looking @ GS options but the premium is unbelievably expensive. What is the most prudent way ...
  A: When I buy options I look at the strike price on either side of my choosen price ....... my latest ...
NAKED SHORT8/14/2008
  Q: I am naked short ITM options Tomorrow is expiration If I do not have the stock to deliver or cover ...
  A: are your options in the money if yes you better buy em back at a loss or come up with the stock ...
naked options8/14/2008
  Q: If I am short ITM naked options what is the effect at expiration if I want to stay short?
  A: from what brokers tell me If you hold a naked position/short position where you sold something ...
Options buying and selling7/11/2008
  Q: I have two questions. First, different brokers have different margin requirements for selling ...
  A: you must ask a brokerage margin dept that question as I have no clue and its never been an issue to ...
Options Leverage5/22/2008
  Q: I was given a senario that I would like for you to explain to me please. A person has $1000 to ...
  A: I do it everyday with leap call options Example Ibm is 124.70 today Its been moving sideways for ...
option selling strategy1/28/2008
  Q: Sir Sir I need to know the option selling strategy - credit spread. At what point to sell ...
  A: I assume its the cboe, The chicago board option exchange I trade dow 30 stocks on the nyse ...
option selling strategy1/17/2008
  Q: Sir Sir I need to know the option selling strategy - credit spread. At what point to sell ...
  A: I work on a basic rule 10-15% and out IF I make 10% three times a year I made 30% I only deal in ...
recording puts, calls,etc.1/11/2008
  Q: I've made several trades in puts and calls, but 1. I don't know how to keep track of them (I need a ...
  A: I keep track of my trades by using my brokerage account history I check it once a month and then ...
Future Trading1/11/2008
  Q: I am not a trader but medium to long term investor. I would like to buy and hold futures for long ...
  A: if you feel the stock is a good one and it has a 20-40 buck moving range like ibm does then you can ...
Leap calls puts and stocks12/10/2007
  Q: If I buy a stock and sell a Leap call and buy a Leap put, what do u do if the stock goes up. DOnt ...
  A: you bought the put with the premium you got paid by selling the covered call IE.. IT COST YOU YOUR ...
Leap calls puts and stocks12/8/2007
  Q: If I buy a stock and sell a Leap call and buy a Leap put, what do u do if the stock goes up. DOnt ...
  A: you already have a profit on the stock when you sell the covered call you have researched the stock ...
project enquiry12/7/2007
  Q: sir im doing project in option . more specific on option selling - (spread) credit option selling in ...
  A: option selling is either called selling naked or covered naked means you are selling an option ...
Options11/29/2007
  Q: I own a dozen stocks. For example, I hold 16,490 shares in one stock that is trading around $10. It ...
  A: what I do on a regular basis is sell covered leap calls against the common stock and use the ...
Tax on premium9/24/2007
  Q: I would like to ask this question that has been bugging me for years. Ex: I bought 1,000 shares of ...
  A: yes now you do your own homework to figure out why and dont tell me this question is not straigth ...
Leaps---Covered Calls12/18/2006
  Q: I want to do Iron Condors using long term ITM leaps to minimize Time loss vs selling current month ...
  A: all i know about leaps used as a covered position is i get a 15-30 cent devalueation of the covered ...
index options10/28/2006
  Q: have you investigated your strategy on index options(mainly spx, xeo, or etf's spy.) i would like to ...
  A: i have never had much success with index options as the only predictor is the dow 30 graph vs the ...
forward rates10/2/2006
  Q: Explain how 'forward rates' determine theoretical futures prices? Please be more detailed
  A: your use of a vague term forward rates indicates homework so does your term theoretical future ...
4% a month guarantee9/3/2006
  Q: I have a "friend of a friend" investor who says if I invest at least $20,000 with him for a minimum ...
  A: depending on how aggressive the trader is and what he is trading and his knowledge of the ...
Leaps5/12/2006
  Q: How do leaps work, and can they be used if you think the particular stock you're looking at is going ...
  A: yes they can leaps are simply call or put options with a long expiration time period usually 1-2 ...
Options Strangle10/25/2005
  Q: I try to read the options strategies using options strangles that appear in Business news papers, ...
  A: i dont use any of that crud to determine the positions i buy 99% of the so called strategies are ...
leaps7/25/2005
  Q: I'm interested in your LEAP strategy. My only experience is with selling covered calls. I like the ...
  A: basically all i can suggest is what i do i dont like the risk of naked options so i dont do them i ...
taxation of leap call premiums7/13/2005
  Q: I know the premiums received for regular call options are treated as short-term capital gains. If ...
  A: this is a tax question that i suggest you direct to the irs as i did 1 800 829 1040 i would get the ...
Leaps on BNS1/28/2005
  Q: ------------------------- Followup To Hi again, The time value problem with a long call option is ...
  A: selling puts is something i considered a few times but the daily watch annoyed me if you wish to ...
Leaps on BNS1/23/2005
  Q: 000 over what I paid! But since then I have watched it pathetically drop to only being up $400 now. ...
  A: time factor is an issue if you still have a profit sell your options the first rule of the market ...
leap call options1/7/2005
  Q: I'm looking into option trading and have an acquaintence that is very successful at it and has been ...
  A: ok all a leap option means is its a long term call or put option long term meaning good for 1 or 2 ...
A few questions about your system8/29/2004
  Q: I've been dabbling in options for over a year. The only thing that has really worked for me so far ...
  A: i trade as the market fits in english that mean if we see a consistant price move of 5-7 bucks ...
oldmoney6/26/2004
  Q: can you tell me where I might find a 1862 dollarbill to see what it is worth.
  A: your question refers to coin collecting ie numismatics go to any reputable old coin store or go ...
what is leap call?4/21/2004
  Q: what is leap call? for "bear call spread" : what whould happen to the option with Lower Strike ...
  A: a leap call for me is one that is good for more than a year such as the current 2006 issues and ...
DowJones4/17/2004
  Q: Where can I find the numbers of the following, for Intra-day DowJones Sector and Subsector Index: ...
  A: th trin is symbol [ ^sti.n ] the rest of the items i believe are free on the basic chart at ...
Learning to Invest3/4/2003
  Q: I would like to learn how to invest in futures plus gold and silver, as the matter of fact, all ...
  A: ok to use call options as i do you dont need an mba in fact i have baffled mba brokers with my ...

All Questions in This Category

     
About Us | Advertise on This Site | User Agreement | Privacy Policy | Kids' Privacy Policy | Help
Copyright  © 2008 About, Inc. About and About.com are registered trademarks of About, Inc. The About logo is a trademark of About, Inc. All rights reserved.