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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (26909)7/20/1999 5:53:00 PM
From: taxman  Read Replies (1) | Respond to of 74651
 
"Options used to drive me crazy"

when i buy an option i am prepared to lose it all--100%. i buy them every day and am comfortable because of limited risk. for example i can only lose 1.5625 points on my recently purchased microsoft aug 100 calls. this will not materially hurt me. meanwhile if market continues to crash i have plenty of puts.

regards