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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?


To: Bryan who wrote (13503)2/22/2000 2:53:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 14266
 
Sept 25 calls for $3 is interesting...but the underlying stock itself(from a cash flow standpoint purchased on margin) is essentially an Infinity 0 call trading for $8 3/4.

TG



To: Bryan who wrote (13503)2/22/2000 4:31:00 PM
From: Apakhabar  Read Replies (1) | Respond to of 14266
 
CBOE shows Sept 17 1/2 calls for sale at $7.

Why did you opt for the 25s? I'm not an options trader and I'm not familiar with all the deltas and so forth. As I understand it, you would pay twice as much off the top for the 17 1/2s, but your risk of losing all that money is much less than for the 25s, and your breakeven is 3 1/2 points better.

Don't mean to criticize-- I'm sure you have good reasons for what you did and I'd like to hear them.