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Politics : Formerly About Advanced Micro Devices
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To: Joe NYC who wrote (104889)4/13/2000 1:13:00 AM
From: Steve Porter  Read Replies (1) of 1576160
 
Joe,

The only problem with long-term options is that you can get bured by a bull market turning into a bear market. You are not only betting on the company in question, but ALSO the entire market, over a longer period of time. I would say the last 3 years are atypical of historcal options return rates (better than average).

Steve
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