Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jill who wrote (29599)	9/16/1999 10:56:00 AM
From: Teflon	Read Replies (2) \| Respond to of 74651

Since the stock is over the strike price. It should be a 1 for 1 increase in the price of the option in tracking with the increasing price of the stock, though the premium still left in the option will erode fairly quickly from the time you buy the call. Therefor, I'd only play these if you expected at least a 1-2 point move in the stock by expiration. Unfortunately I cannot access the CBOE options site right now so I don't know how large the premium is on the Sep 90 calls. taxman may have a better way of explaining this, however. Teflon