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Strategies & Market Trends : ECM THE NEW INTERNET E-COMMERCE INDEX OPTION

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To: DAY TRADER who wrote (3)3/2/1999 10:07:00 PM
From: browser   of 6
 
thx!
just looked on the CBOE site!
very thinly traded!
just march out and sep270c @51
that means 1 option 51x100=$5,100?
so if u get the sep270 it has to go to 331 for the option to break even?
How much do u get for each point move? $100?
TIA
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