OptionInvestor.com Announces Investment Opinion
NOTE TO EDITORS: The following is an investment opinion issued
LITTLETON, Colo.--(BUSINESS WIRE)--Nov. 24, 1999--
Record Breaking Results for OptionInvestor's Spreads/Combos section!
OptionInvestor.com (OI) once again confirms its position as the leading stock-option information and advisory service on the world wide web by offering the largest selection of successful trading strategies for today's marketwise investor.
OI is proud of their outstanding performance in every one of these categories: Covered-Calls, Naked-Puts, Bull & Bear Spreads, Straddles, Strangles and Volatility Positions.
The Spreads/Combos section of equity and index candidates focuses on all of the most common spread and combination strategies and includes instructional articles to help new traders learn advanced techniques. Conservative, long-term plays such as calendar spreads and covered-calls on LEAPS provide consistent, low risk returns while volatility positions and momentum spreads offer the short-term speculator an opportunity to benefit from mispriced options. This month, the spreads/combos section had its best performance since inception with an outstanding collection of plays on a variety of well-known issues.
STOCK SYMBOL RESULTS STRATEGY (Nasdaq:LGTO) 130% short-term volatility spreads (NYSE:GTS) 100% short-term volatility spreads (NYSE:MTC) 84% two-week disparity spread (Nasdaq:AWRE) 40% bullish diagonal spread (Nasdaq:CSCO) 40% bullish diagonal spread (Nasdaq:CMGI) 53% bull-call spread (Nasdaq:ATHM) 42% bull-call spread (Nasdaq:QCOM) 34% bull-call spread (Nasdaq:DELL) 25% bull-put spread (NYSE:LTD) 25% bull-put spread (Nasdaq:VISX) 14% bear-call spread (NYSE:CHA) 11% bull-put spread
Bell Atlantic (NYSE:BEL), 3Com Corp. (Nasdaq:COMS) and Peoplesoft (Nasdaq:PSFT) led the Calendar Spreads portfolio, and the most successful Covered-Calls on LEAPS were Solectron (NYSE:SLR), Sun Microsystems (Nasdaq:SUNW) and Motorola (NYSE:MOT).
The straddles portfolio was one of the most productive sections in the OIN with the top position, American Online (NYSE:AOL), returning 76% in less than 20 days. The runner-up, Go2Net (Nasdaq:GNET), provided a 45% profit in the same period.
Other profitable plays were available on market leading stocks such as: (NYSE:ALL), (Nasdaq:AMTD), (Nasdaq:BRCM), (NYSE:CA), (Nasdaq:CYCH), (NYSE:DLJ), (Nasdaq:EGRP), (NYSE:FDX), (NYSE:FON), (Nasdaq:GBLX), (NYSE:GM), (Nasdaq:GMST), (Nasdaq:JDSU), (NYSE:JNJ), (Nasdaq:MESG), (Nasdaq:MLTX), (NYSE:MTC), (Nasdaq:MUEI), (Nasdaq:NETA), (Nasdaq:NTBK), (Nasdaq:NVDA), (Nasdaq:PIXR), (Nasdaq:TALK), (NYSE:TOY), (NYSE:UK) and (NYSE:XON).
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