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Strategies & Market Trends : Three Amigos Stock Thread

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To: Don P. who wrote (8876)9/18/1998 4:00:00 PM
From: JoeinIowa  Read Replies (2) of 29382
 
Don - APCO,

APCO does not have enough options outstanding to be influenced by the expiration date. I just bought back into the APR 7.5's. They were a little more than I wanted to spend but you get what you pay for. If you think about the length of time with these calls you realize how cheap they are. A run to 8 gives me a very nice return.

Jose

PS I apologize in advance. Last time I bought calls the stock was at 6 and dropped to 5. Of course there was a happy ending.
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