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To: rudedog who wrote (27051)1/31/2000 4:24:00 PM
From: Steve Lee  Read Replies (3) | Respond to of 64865
 
Rudedog, or should I say "BULLdog",

The call premium rises very slowly as an out of the money call transitions to in the money, after that, the premium rises as a fraction of the absolute rise in the underlying stock, less erosion of time value, and subject to perceived increases/decreases in volatility.

If you want a lesson in options trading, look at my thread. Every trade I make is posted there, as my own personal discipline, as and when I make it. That way, I can't get away with bull from retrospective imaginary trading histories.