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Strategies & Market Trends : The OEX... gasp!

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To: Patrick Slevin who wrote (449)1/24/1997 5:48:00 PM
From: Patrick Hartmann   of 658
 
Unfortunately I bought calls, but only a small amount.....fortunately though, I buy they far enough out of the money where the upside is good, but the downside is limited...i.e. today the OEX dropped 8 and the option price stayed pretty much unmoved from yesterdays close...I am just going to hang out and let the calls ride one way or another..
Patrick
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