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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (40655)4/22/1998 12:02:00 AM
From: Patrick Slevin  Read Replies (2) of 58727
 
From the "Quick Exit " school.

Reading a book on Option Pricing as I was trying to sleep I came across this which I thought I might pass on to you.

I guess I have to credit the author and book. It's Natenburg and the book is "Option Volatility and Pricing".

The blurb reads as follows, and could save some a bit of cash from time to time, methinks.
~~~~~~~~~~~~~~~~~~~~~~~~~~
".......As market conditions change, a position which seemed sensible yesterday may not seem so sensible today. Based on new conditions a trader may want to ----indeed have to---- alter his strategy. This is true for all traders, not just for option traders. ........blah, blah.....Every trader reserves the right to make a more intelligent decision today than yesterday."

I pick up things I think are salient to an ongoing topic and throw them out. Hope you do not take this the wrong way.
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