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To: Dr. David Gleitman who wrote (23567)6/25/2000 10:28:00 AM
From: im a survivor  Read Replies (1) | Respond to of 35685
 
Doc,

I've been grabbing some Oct 200's and $150's

Aug 150's as well

Hell, the Oct 200's were 1/8 x 1/4 when I got them. Obviously at 1/4. When qcom made that $7 move, the bid jumped to 1/4 and the ask to 1/2......I think the premiss with the el cheapos is IF the stock makes a run, the % gain you get on the calls is rather large. The negative is if the stock doesnt move, your shit out of luck.

Am I catching this right RR, V ?