The Naked Truth - Big Kahuna a Myth Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Naked Truth - Big Kahuna a Myth

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pater tenebrarum who wrote (55431)	8/7/1999 8:50:00 AM
From: re3	Read Replies (1) of 86076

Hi Heinz... Heinz, i've noted the following when i've stepped up to the plate to buy poots... for eg... on the djv august 110 poots...the spread is a quarter dollar...my commish for 10 contracts = about a nickel a contract on avg...so, if one buys and sells at the market, one is sort of out of pocket 60 cents for commish plus the spread right away...this makes it tough to make any money off of a decline...secondly, with the erosion of time being a factor, if one tries to buy poots to take advantage of a 100 point decline in the dow, one would perhaps net about 25 cents on the trade, 60 cents for costs and maybe 15 cents for time erosion... it seems that its very very difficult to play poots, maybe one needs more than 10 contracts to make it worthwhile, but hey, 10 contracts controls $ 100,000 of dow stocks YOUR COMMENTS ??? thanks ike

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next