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To: Hobie1Kenobe who wrote (8952)3/23/2000 9:17:00 PM
From: Voltaire  Read Replies (1) | Respond to of 35685
 
It is not the volume that is the key, it is the "open interest". But yes, it does make a difference but I never go after the nth dollar anyway. Hell, anything above 11% is gravy anyway.

If you went after the calls on DITC with a bid of $14, you could probably expect to get about 13 1/2. But remember you get 1/2 point less on any other bid also at market. I just believe in buying and selling the situation not price.

V


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