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Strategies & Market Trends : Tech Stock Options

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To: IngotWeTrust who wrote (5561)	2/24/1997 11:45:00 AM
From: Benjamin Rashcovsky	of 58727

ole 49r, Interesting to follow your dialogue w/ Judy on BGO. I have been considering adding to my position for the last couple days. Seeing as this is an options thread, have you any feelings on the BGO options listed on Vancouver. The series goes out to August, with strikes up to 10 (up to 13 for May or earlier). I do not know if you have any experience trading Canadian options, but they are extremely calculated and often have very little premium. I am looking to open a position in Aug 7 or 8 calls. I find trading Canadian options to be a trying experience. There is very little option promotion in Canada, and it is often difficult to liquidate a position unless you are in a heavily traded equity like BXM. Any comments appreciated. -30-

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