Ascend (ASND) descending? Message Board

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Technology Stocks : Ascend (ASND) descending?

ASND 236.25

+3.4%

9:43 AM EST

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To: morry low who wrote (12)	4/28/1996 6:52:00 PM
From: Rich Gottlieb	of 313

Morry, I have read your posts and would like to ask a few questions. I am new to options and from what I have been reading on this thread and others, it seems that buying calls is more my style of investing. I like the action. A few days ago you mentioned that you liked ASND Dec Calls. Why so far out? The premium you pay is phenomenal. On another thread, a very experienced option player says that he only buys options in the current month or in the next month, and only at or in the money. Why not buy ASND as a May or June Call closer to the money. The premium is less, you can afford to buy more contracts and hopefully it will be a quick couple of bucks and your out. Please explain, as I would like to get into buying calls but I need to understand the theory of how far out to buy. Thanks, Rich

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