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

To: taxman who wrote (28819)	8/28/1999 1:11:00 PM
From: Sly_	Read Replies (2) \| Respond to of 74651

OT anyone have an opinion about the 2000 presidential election? Post it here: techstocks.com Sly_

To: taxman who wrote (28819)	8/28/1999 2:51:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

taxman, Check out the spreads on MSFT leaps options. Some used to have a spread of upto $2 between bid and ask on 2001 and 2002 options around 80 to 100 strike. Now i don't see any even over $1. That is unbelievable!!! I love the options exchange wars. It is about time they stop robbing individual traders. Even the shorter term spreads have declined significantly---some down to 1/8 on cheap options and 1/16th on very cheap options. All we need are a lot more options interlisted on different (competing) exchanges. It is going to make options trading on an intraday basis a lot of fun without having to make up the big spread---now sudden swings in the market should get easier to play. I bet options volume also picks up in a big way (thanks to people like who will try daytrading options a little more).