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Strategies & Market Trends : Tech Stock Options

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To: Linda Kaplan who wrote (54667)	10/3/1998 8:45:00 PM
From: James Strauss	Read Replies (1) of 58727

S&P And OEX Options... ~~~~~~~~~~~~~~~~~~~~~~~~ Linda: Here is a list of the major indexes that are optionable... cboe.com You just click on the specific index (SPX, OEX, etc...), and choose either the PUTS or Calls at a specific strike price... cboe.pcquote.com Each Call or PUT represents 100 shares of stock... So, buying 5 Calls or PUTS means you are buying options on 500 shares of stock... Here are the Oct 1005 Calls: This is a bet that the S&P 500 index will be at least 1005 by the third Friday in October... You make money as the S&P rises... cboe.pcquote.com Jim

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