Options for Newbies -(Help Me Obi-Wan-Kenobe) Message Board

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

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To: OX who wrote (2214)	7/18/2004 10:39:28 AM
From: jt101	Read Replies (1) of 2241

OX, The reason I was thinking of ITM calls was - Assuming I get delta = 1, I mean almost close to 1, I won't incur any losses, even if stock moves away from me. But I am aware this requires a large move of the stock price. I will definitely consider the alternate scenarios you have suggested, like going for ATM/OTM, but increasing the number of call options if required. Thank you... Even I am wondering where Dan is, must be on a vacation?

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