WRITING TRADED OPTIONS for income

hi insipiens (surely not foolish!)

thanks, even with their spread it may be better after all costs/taxes???
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hi profittaker

sorry, yes the figures are for jan2006, and yes it's just a papertrade.
as to how it was balanced i need more time to answer that, with decent workings.
i still do not think you need to take into account the IV (implied volatility) of the options when arriving at the lots to trade (i'm thinking of an index of one stock!!! index IV= 10%, stock IV= 100%). harder to get the right strike, pity LIFFE has such wide strikes :(

also looking at some of the index options on www.cboe.com to see if this strategy better applies to any of them (GOX gold for instance with 12 components)...

liquidity could be a problem :(
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anyone see the London new year fireworks display?
i thought they surpassed themselves this time, wow!
i was standing near to the queen mary.

HAPPY NEW YEAR :)