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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (57132)4/23/1999 11:06:00 AM
From: yard_man  Read Replies (1) of 132070
 
Thanks -- closer on the strike and expiry I think is better when vols are low as they have been -- I put positions on earlier I think and paid a little more vol.

Certainly (in hindsight), it would have been a waste to pay for more time on CPQ and your buying the 42.5 (synthetic) was the sweetspot --

I see choosing the right strike and expiry as a fine art which I've yet to master. The right stock for the right reason at the right time is more important than both of those, of course, right?
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