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Pastimes : QQQ & DIA - chat & chart
QQQ 623.23+2.2%Nov 10 4:00 PM EST
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To: Chris McConnel who wrote (475)4/15/2003 10:57:02 PM
From: Jon Khymn  Read Replies (1) of 795
 
Are you familiar with option terminology like: intrinsic value, time premium, delta and gamma?

Yes, on first 2 but don't know about delta or gamma.

By the way I noticed you bought 6 month away expiration.
Do you usually purchase in the money or out?
And how far away (expiration date) do you like to get?

I think time premium is too expensive for very short term options...
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