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Technology Stocks : NCDI - Network Computing Devices

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To: Lincoln Landis who wrote (4166)5/31/1999 12:24:00 PM
From: Jim Henke  Read Replies (1) of 4453
 
Calls and puts are options. If I purchased $5 calls for $1 7/16, and NCDI went through a price spike like what we just saw, I could probably unload those calls (during the spike) for, oh, maybe $2 1/2. Depends of how far away from expiration they are. If you want to learn more, go to cboe.com the Chicago Board Options Exchange.
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