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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Wildstar who wrote (28949)3/8/1999 10:51:00 AM
From: Tito L. Nisperos Jr.  Read Replies (1) of 70976
 
Wilstar,

... but my Mar 45 did well for me!... The lesson here is that it's better to buy In The Money with little or no Time Value to depreciate than buy Out The Money when the Options (in this case Mar) get closer to expiration. The In The Money Option closely mimics the price of the stock so if the stock gains 9 dollars, the Option gains something like 7 to 8 dollars...
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