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Strategies & Market Trends : Tech Stock Options

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To: Lyle Abramowitz who wrote (5749)	3/4/1997 2:17:00 PM
From: Kevin	of 58727

Lyle, you're right. Matter of fact, you picked up an error in the text I read the formula from. I just tried it and you do divided the 2. Thanks. %b = (stock closing price - bottom band value) / (top band value - bottom band value). Great catch. BTW, I'm down to only 14 of those Apr 140p. I've cashed in on so many that I may just hold these in case of a full meltdown. Take Care.

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