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To: IceShark who wrote (2087)	12/13/1997 12:06:00 PM
From: Janice Shell	Read Replies (1) of 2563

J~ My immediate problem was trying to figure out ohw much of the option value was associated with time... You can figure out the theta, more or less, at cboe.com It works pretty well, except I find taht near expiry premiums tend to retain more value than they "ought to"--you can pay (or receive) surprising amounts even on The Day, up to the last hour or so and even beyond. J

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