[JPx2]

Both Positive (calls) and Negative (puts) announcements.

Another confirmation site is the Yahoo Options Center.
There, you can watch not only news, but you can use their free one-click screen to observe a potential stock options volume.....whether Call or Put.

Whatever brokerage you use, set up a papertrade account and try it....I think you'll be pleasantly surprised.

I'll do my normal vetting and post my planned trade for next week. Then we can all monitor it's performance. Maybe that is the best way to the technique.
JPx2

[BlowFish]

That would be interesting. I can't help feeling that your experience might play a bigger part than you credit yourself for.

[brownsfan019]

BF - sorry, didn't mean to confuse.

When you asked about long only though, I interpreted that as long (buy) calls OR puts - so you could be long calls (wanting price to go up) or long puts (wanting price to go down).

Or you can short calls or short puts.



So many ways to play options so that's why I was asking. It's not as simple like in futures where you are long or short.

[BlowFish]

I am easily confused!! It would be useful perhaps to explore how one could use options to improve the basic strategy/play to say limit risk or whatever else.