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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: The Perfect Hedge who wrote (14949)8/25/1998 2:20:00 PM
From: Electric  Read Replies (1) of 42787
 
B,

What you are seeing today on your 115 is premium gobble..

The stock is up about 4, the option up 1 3/4..

What that means is from here out, any level above this we ought to move point for point..

The stock is a pure 6 points over the level at which I bought it, but it is still below the price I got it for.

Remember that if we can move more here we will see more point for point move...
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