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Technology Stocks : America On-Line (AOL)
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To: Dom B. who wrote (5433)2/22/1999 1:19:00 PM
From: RocketMan  Read Replies (2) of 41369
 
Dom, I just checked the quote on those ZKFANs. I see an ask of 67 1/4, so that is about $6700 per contract, right? So at a $170 strike, AOL needs to go above $237 to be in the money, a 40% appreciation. Seems like a pretty good bet by 2001, and it protects the downside in case of a catastrophe. Is there any advantage to buying LEAPs today versus tomorrow, or do the premiums just follow the split value?
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