Parallels Install with Bootcamp

[wayne905]

Forgive me if this question has already been asked...but I'm kind of a newbie to to Mac running Windows arena. I'm doing some homework at work in preparation of installing Bootcamp and Parallels when I get home tonight, and want to make sure I install it correctly. I'm installing Win 7 Home Premium 64 bit on my new i7 2012 imac. I want to be able to run Win 7 in Bootcamp when I play games, and run Parallels when I just want to jump over to Win 7 while in OS X and not reboot into Bootcamp (say for example to run Quicken).

So if I understand this correctly, I should install Bootcamp first, then once Win 7 is installed on Bootcamp I then install Parallels...is that right?

If the above is correct, I see from Parallels website that I will be faced with 2 options for install: Option A: Set parallels desktop to run windows from the Bootcamp partition or Option B: Import Windows and your data from BC into parallels desktop. I assume I want Option A...is that correct?

Thanks for any assistance you can provide :-)