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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: im a survivor who wrote (32569)	3/7/2001 11:34:02 AM
From: edamo	Read Replies (1) of 65232

keith...."by my calculations $1 is better then nothing" you have ten weeks until expiration...the underlying is at 43.5....it would have to move 32.5 points for your option to be worth $1 on expiration.... apply logic....what do you come up with? guess the fear of "opportunity loss" is greater then the fear of "capital loss".....very same thinking that decimated portfolios in the last year.... guess i'm not a gambler... ed a. p.s...showing the may 75 at 1 1/8 x 1 3/8.....

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