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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (51848)9/10/2000 9:36:21 PM
From: Junkyardawg  Respond to of 63513
 
I have played Yahoo call options several times and the problem I have with them is this....I have no idea what the delta is on it but you never ever get even close to dollar per dollar even if you are in the money.
I played the in the money options last week and I was about (going by memory too lazy to look it up)$5 in the money and my call options were only making about $1 a contract.
That really pisses me off.

Out of all the options I have played (this is my little secret) I have never seen any option like ADI. Why? I swear even if I am out of the money those options move almost dollar per dollar on any rise in price. I have never seen an option like it. Example: I currently have the 100's and some 105's. The other day when the stock made its 7+point run my call options went up almost $7 even though they were several dollars out of the money.

dawg