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.
Technology Stocks : America On-Line: will it survive ...?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Giambrone who wrote (3644)6/27/1997 10:11:00 AM
From: James F. Hopkins   of 13594
 
Hi Robert; TO ALL, I dumped remainder of my puts this morn, lost
on some of them. Glad I sold other half yesterday..I may buy back
later today but if so will take the AOLSKs the SJs to far out of
the money.
Robert; The aufhauser deal looks good for a trader, what if you
exceed the 20 times a month..do they have some Mutual Funds,
NO LOAD no Transaction fee ...and BIG QUESTION IS what about options..is trading options in that 20 times a month?
My stock trades run $12 each way up to 5000 shares..it's my options
that cost me, $30 for first contract and 1.25 for each after..
that's one reason I lean for out of the money options , they are
cheaper..to were I can do a lot more contracts..adding on only
1.25 per contract..were if I do more expensive ones I wind up
paying more in commissions ( per contract ) like 30 contracts
at 1/2 cost me $67.5 comsh. or 2.25 per contract, were 10 at 1.5
cost 42.5 but that equals 4.25 on a per contract basis. SO my
cost per contract goes down with more contracts in the order,
hence I'm at times inclined to swing to far out of the money.
-----------------------
Last thoes are the rough figures , I do get a 10% off as I trade
them over the web. Also the $12 fee is only for web trading.
-----------------------------
Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext