247Index
carryover losses, 184
constructive sales, 183–184
covered, 47–48, 61–62,
8594, 135–138,
184–188
diversification, 192–193,
212–216
insurance, 105–108
long and short, 5964, 85
mistakes, 225–231
offsetting positions, 180
portfolio, 189–191
quotation, 75–78
rolling, 101–105, 228–229
short-term profits, 153–155
spreads, 109–125,
142–143
stock selection for,
222–225
straddle, 109–110, 125
130, 146–149, 180
strategies, 7980
swing trading with,
158–176
tax rules, 177–178
uncovered, 50, 61–63, 94
101, 117, 119
value, 6467
wash sale, 181–183
Options Clearing Corporation
(OCC), 43
out of the money, 57, 58
Panic of 1907, 231
personal goals risk, 201–203
Pfizer, 14–15
Polaroid, 197
price/earnings ratio, 19–21,
44, 78, 155, 221, 233,
235
primary trend, 53
profit taking, 48
puts, 49, 50, 61–63, 99–101,
119–125
qualified covered calls,
184–188
ratio calendar spread,
123–125
Regulation T, 199
resistance level, 22–23
risk
changing markets and,
52–54
collateral risk, 198–201
identifying, 193–196
inflation, 206–209
knowledge, 42–44
lost opportunity, 209–212
market, 3542, 196–198
nature of, 26–29
personal goals, 201–203
tax, 206–209
tolerance, 29–30
unavailable market,
204–206
rolling strategies, 101–105
Royal Dutch Shell, 12
Securities and Exchange
Commission (SEC),
154–155, 158
spread
calendar, 123–124

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