Gateway (GTW) Message Board

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Technology Stocks : Gateway (GTW)

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To: Brian Lempel who wrote (4778)	11/17/1997 11:58:00 PM
From: IceShark	Read Replies (3) of 8002

Brian my friend, please don't look at options that way. The volitility, especially when the stock is close to strike will leave you scratching your head as to why the equity moved your way but the option did nothing, or worse yet moved against you. Leg in with 1/3 rds, or whatever, and hit for the home runs (but little capital at risk in the overall scheme of things) or go with in the money close expiration contracts with basically no premium. At this point I would never go with 30's; even if you know something we don't there are better contracts. Regards, DWW

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