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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: Kayaker who wrote (72866)	10/18/1998 11:43:00 PM
From: Ken Beal	Read Replies (2) of 176387

Hi Bob, "The CBOE statistics indicate that approximately 35% of option contracts expire worthless." So this refutes the argument that you're better off being an option writer. I've heard that argument (with 80%, 90% -- but never as high as 95%) so many times I believed it. Thank you VERY much for the data. The other data point is the money I've made BUYING Dell calls. <VBG> I try to help when I can, too -- especially when I get hoax emails. I point them at kumite.com, urbanlegends.com, and snopes.com. And I ask the person who sent it to please send it "upstream" to the person who sent it to him, and ask of him the same (ad nauseum). Hopefully this will help some threaders, if you happen to receive a hoax email. Cheers, KenB

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