<< I have just started looking at leaps. I wanted to do some back testing, so I got out an
old Investor's Business Daily dated July 26, 1996. I used AMD as an example. The
question I have is this. It listed leaps with stike prices of $10, 20, and 25. Then when I
look up these options in a current IBD, they are not listed. Are they still trading, and if
they are where can I find the price. They must have a huge price since AMD has gone
from 12 to 40. Can someone help me with this? >>
David, I hate to be so much trouble, but I'm learnings about the Leaps market. I found the price of the AMD January 98(strike price 10). However, it had not been traded since March 19. Then only had a trade of 5. Does that mean that I would not be able to sell my leap. The price went from 3.12 to 29.5 from July 26, 1996 till March 19,1997. If I can't sell it, should I have sold it while it was trading heavily. I'm concerned about buying a leap that I can't get rid of. Please advise. |
