WRITING TRADED OPTIONS for income

Thanks for your comments. LGEN Liffe trades are mine; dealt 20 contracts. Sep04 seems a long time but I am reasonably confident. I am also short of LGEN FEB 120p puts - will use these to add to my holdings. LGEN pay reasonable divis.

>> Hector : I am not sure if you should avoid sub-300p stocks. Most of my 2003 profits are from ARM/BT/OOM/VOD/LGEN/TSCO and Corus. I've done OK with LLOY and BP. --- but only recently and thats still "paper" profit. I only count profit/loss after closing/expiring my positions.

Good luck for 2004 !!