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To: waverider who wrote (56365)12/23/1999 12:31:00 PM
From: Jill  Read Replies (1) | Respond to of 152472
 
That was very smart. I'm thinking about the leaps. 430 is a nice strike. Sometimes I ask Fidelity which exchange they're routing to--on options yesterday the price differences were significant

Jill



To: waverider who wrote (56365)12/23/1999 1:37:00 PM
From: Kayaker  Read Replies (1) | Respond to of 152472
 
and bought 2001 $430's...gave me a 3 for 1 leverage advantage.

But what's your delta, i.e., how much does one of your calls currently move up in value for a 1 point gain in the stock?


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