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To: techguerrilla who wrote (8138)	3/19/2000 7:01:00 AM
From: techguerrilla	Read Replies (1) of 35685

Mistake regarding ELON calls Compare the premiums on April100's and August 100's 31 vs 12 (Friday) 31 divided by 12 is not much more than the square ROOT of 5 divided by the square ROOT of 1 This fits in so nicely with the way time decay in call premiums is premised on the square root of time remaining in the call john

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