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Strategies & Market Trends : Options
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To: Uncle Frank who wrote (7133)5/2/2000 9:43:00 AM
From: Ritch  Read Replies (2) of 8096
 
UF -

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.

You are right Frank. However, I do not think that there was an ask that was $8 over the highest trade. If there was, it would be meaningless anyway since no one accepted that price.

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

I weigh risk by comparing the same number of dollars put into two investments. To do anything else is comparing apples and oranges.

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

As should you.

Prosperous investing

I have followed your posts for some time and I know that this is your version of the "Kiss of Death", so I will stop now while I am only behind. <gg>

Thanks for your comments Frank.

Ritch
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