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Technology Stocks : Lucent Technologies (LU)

LU 2.520

-1.4%

Nov 26 3:59 PM EST

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To: Anonymous who wrote (7123)	4/9/1999 10:34:00 AM
From: Jim S	Read Replies (1) of 21876

Annon-- Option prices are indicated as 'per share' price premiums on 100 share contracts. So, $0.62 would be .62 x 100 = $62 per contract. If sold at $9, each contract would be worth $900. Profit would be 900 - 62, or $838. Pretty fair ROI, huh?

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