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

To: taxman who wrote (29720)	9/18/1999 11:58:00 AM
From: t2	Read Replies (2) \| Respond to of 74651

Options $1.75 per contract, $15 minimum That is not bad for normal options trading --buying options that trade $1 and up. What if you bought 320 contracts @ 1/16, you would pay about $500 in commissions. What i am referring to is just very risky kinds of trades---where one could pay rates like $45 on such a trade. At some point--maybe it is for prices above 3/4, the commissions rates converge to similiar ballpark amounts. Of course, if you don't play such speculative options (1/16 to 1/8 prices), it does not really matter. Basically you have a minimum of 15 but no maximum for trades under a certain dollar amount.