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Technology Stocks : C-Cube
CUBE 36.64-0.5%Dec 5 9:30 AM EST

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To: Gregory Rasp who wrote (12781)4/6/1997 7:34:00 AM
From: John Hunt   of 50808
 
[Option Trading]

Gregory,

I see someone pointed you to a site to get current quotes. If you are interested in options, the place to start is

cboe.com

And rember this fact ... 20% of option buyers make money which means that 80% of option sellers make money. The reason is the time premium which is like a rusting car ... there is less of it there each day.

Market makers are normally the sellers and you are smart if you stay on the same side as they are.

An alternative is to sell a put on Cube, and use the premium you receive to reduce your cost of buying the stock if you are exercised, but that will be explained at the CBOE site.

Good luck.

John
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