Option Trading Tips - LEAP Into Future Profits!

Written by James Thomas

Continued from page 1

By doing this you will effectively be getting cash back on your investment every single month that you hold your LEAPs.

Overrepparttar long-term this will not only offsetrepparttar 148729 time-decay of your LEAPs, but also offer you some downside protection, shouldrepparttar 148730 stock go inrepparttar 148731 opposite direction that you want it to.

This is known as a Calendar Spread and is a much more conservative way of speculating with LEAPs.

Important: Ifrepparttar 148732 stock rises above your sold strike price for your current month Calls or below your sold strike price for your current month Puts, then you risk being assigned/exercised.

You should never allow this to occur becauserepparttar 148733 moment you are assigned you will lose whatever time value is left on your LEAPs.

It is far better to close outrepparttar 148734 trade for a profit by buying backrepparttar 148735 sold option and selling your LEAPs for an overall profit or simply holding your LEAPs and then writing (out ofrepparttar 148736 money) options against them forrepparttar 148737 next month.

Click here for more information about LEAP option trading.

About The Author

James Thomas is a successful private option trader and has created http://www.option-trading tips.com as an informative no-nonsense resource full of useful tips and information designed for option traders to improve their trading results.

Essential Tips for Writing Your Own Will

Written by Amy Nichols

Continued from page 1

And here is another essential tip for writing your own will. You have to name an executor of your will. An executor or executrix asrepparttar case may be is in charge of carrying out your final wishes. In this section, you should describe any special instructions you wishrepparttar 148701 executor to carry out. The executor is also in charge of tying up all of your financial matters. This is an important role and you should only entrust it to someone that is capable of handlingrepparttar 148702 responsibility, understands your wishes intimately and is willing to carry them out.

Next up, you should namerepparttar 148703 individuals that will receive portions of your estate. These are called gift requests. If you wish to leave your stamp collection with your son, or guitar to a sibling, you should describe it in this section ofrepparttar 148704 will. After all of your belongings are assigned to people, you should then name who receivesrepparttar 148705 rest of your estate.

Finally,repparttar 148706 will must be signed in front of two witnesses. These two witnesses cannot be included inrepparttar 148707 will and must be of legal age. Oncerepparttar 148708 will is completely prepared, bring it to your attorney for final approval and binding legal status.

There you have it. Itís not a subject we like to think about, but it is necessary in order to live withrepparttar 148709 peace of mind of knowing your loved ones will always be taken care of uponrepparttar 148710 unfortunate event of your death.

Amy Nichols is a freelance writer and contributing author to http://www.howtowriteawill.com, a site providing free estate planning tips and information.

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