Jul 28, 2007

Option Selection

I believe that most swing traders stick to a select number of stocks. I think that this is related to the predictable nature of certain stocks that float between support and resistance levels with predictable fequency.

It seems that this is a sound method for options trading as well (time will tell). Options are a little different as the price per contract needs to be considered and you can see that I have selected rather expensive equities. This allows me to control more money at a lower price per contract. Below is my paper trading list and likely to be my actual stocks when I begin my investment method.

Initial Stock Option List:
ACL, BA, BBH, CME, CMI, DECK, GOOG, MLM, RTP, SHLD, STRA

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