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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (28627)	11/17/1997 7:14:00 PM
From: MonsieurGonzo	Read Replies (2) of 58727

TT; RE:"I will go flat the S&P futures when/if it gets to 958+..." Tom, does go flat mean that you "close" (the current CALL) position or, "hedge" a position with offsetting PUTs ? Please forgive my ignorance - I am new to OEX options trading. Being so new to OEX CALLS/PUTS, perhaps what I don't understand is their relationship to "futures", as I have no experience with that whatsoever! (^_^) -Steve

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