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Strategies & Market Trends : Options

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To: Poet who wrote (1866)	1/28/2000 5:45:00 PM
From: edamo	of 8096

poet....ditm leaps... what you pointed out is a prudent approach, what appears to be expensive is in essence about the same as going long the stock on margin....you will move point by point, and should the stock double and you hold two contracts, you have the ability to sell one, exercise the other... cheap gives leverage, but in a fast market it equates to risk...

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