good trade 20% in about a month, MSM options are very interesting but Doughboy is correct you should be careful.
know plenty of people that made large amounts of money the first year or two and then began to make dumb mistakes (break rules) and lost almost everything.
some of my most recent options in the past two weeks.
in cdn. $ trade on montreal ( Toronto should have options in 06.)
sold puts on ATY $18 Jan got between .90 $1
ATY was trading at $18.76 now at $19.45
just believe ATY will stay above $18 until the third Friday in Jan.
2. sold puts on Tek $44 May $2.40- $2.45
TEK is trading on Toronto at $50, like the company and have a position that I will lose ( have 800 with covered calls feb $48), if I lose that position return will be 24% in 8 months.
so figure would sell the puts, would have to buy them at $44 until the third Friday in May. believe they should be above 44 and expire worthless.
do not ussually like to go out that long so a smaller position than usual.
thanks
selkirk