SI
SI
discoversearch

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.
Strategies & Market Trends : Options

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ritch who wrote (7128)5/2/2000 12:04:00 AM
From: Uncle Frank  Read Replies (3) of 8096
 
>> Did you look up the option to make sure the numbers were accurate? Since you didn't, I figured I would. The 52 week high for this option was 42 3/8. The 52 week low was 1 1/16. Not quite the numbers you quoted. The spread of your numbers, $.50 to $50, is 100X. The actual spread is only 40X. Quite a difference.

You are jumping to conclusions, Ritch. The high and low you reference are based on actual trades, not on the low bid. It's very possible that the bid hit 1/2 on option in question but there were no takers.

>> No one says that there is no risk to DIM options, but just that there is a lot less risk to DIM options than to OTM options.

If someone is thinking in terms of absolute dollars at risk, you are dead wrong.

>> Sorry if I have seemed argumentative with you

That's the impression I have. You should be penalized 15 yards for piling on.

>> but I feel you have misstated some things about options that needed to be corrected.

As have you, sir.

Prosperous investing,
uf
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext