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Strategies & Market Trends : Options

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To: Girish Patel who wrote (479)1/2/2000 1:22:00 AM
From: Jeffry K. Smith  Read Replies (1) of 8096
 
Girish, can you explain in further detail the sentence "doubles your profit potential with delta of over 1.25 and rising with increase in the price of QCOM" and tell me how the delta is calculated?

Why wait for $185 - because the calls would then cost more than the puts would bring?? I have a head cold, so maybe this is affecting my brainwaves!

Thanks very much,
Jeff Smith
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