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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: PoetTrader who wrote (2062)6/5/2001 11:00:00 AM
From: holland  Read Replies (1) of 2241
 
PoetTrader,

I can't predict what a stock will do one day from now in this market. I would not but QQQ leaps now if I expected the NAZ to go up in late 2002. A Jan 2003 45 leap is priced at 12.8 and a 2002 is 8.50. In a year with no price change you would loose $4. If I thought that the QQQ would go up late 2002 I would hold off on the buy.

Holland
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