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Strategies & Market Trends : Dawg's Place
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To: Susan Saline who wrote (1306)7/16/1999 8:55:00 AM
From: jw  Read Replies (1) of 2751
 
maybe calls one month from now due would be better?,

Hi Susan, from what I can glean, seems the Calls 3 months out has a better chance. Time Decay ( read somewhere it's about $16 a day) holds up pretty good for the first month and a half. Then it goes downhill fast in last month or so. If nothing happens within 2 months then it's time to Bail. Or if stock dives fast get out with a small loss. Don't hang on and lose all the premium.

Have a goodin',

jw
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