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Strategies & Market Trends : Tech Stock Options
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To: Jerry Olson who wrote (36895)3/17/1998 4:58:00 PM
From: Rubble  Read Replies (3) of 58727
 
3/16 isn't at all "paltry" when you have almost no risk and a large enough number of contracts. I guess the limiting factor for you would be the commissions. I assumed most people here pay a flat rate commission of about $20 on stocks, and about $3 per contract on options. At these rates, you would have done well on the trade if you got 10 or more contracts, and would break even with just a few contracts.

I don't know where you're from, but if you trade options full-time, you may want to consider leasing or buying a seat on an exchange...it's much easier to take advantage of these opportunities when you're on the floor.
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