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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.597+1.3%Dec 24 12:59 PM EST

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To: Ted Jackson who wrote (385)11/12/1997 3:11:00 PM
From: Aaron Weiss  Read Replies (1) of 22640
 
It would seem so, but it's even more likely that the volatility implied in the option prices would cause them to have a huge time decay element. The prices of the puts and calls would be extremely high and would decay so rapidly that you'd need a massive move in the very near future to overcome the effects of time decay.
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