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Technology Stocks : IFMX - Investment Discussion

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To: Sydney who wrote (13026)3/13/1999 10:07:00 AM
From: Vegas Kate  Read Replies (1) of 14631
 
Speaking of long term calls, the Jan 2001 IFMX 5 calls are about $5. I know many would say "why not just go long the stock at $8?". I'd rather use the extra $3 toward more calls (ie: control of a greater # of shares), to gain leverage. This has worked out well for me in the past with leap calls on KM, TWA, and MRL.
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