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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Voltaire who wrote (17421)	11/17/2000 4:13:26 PM
From: freeus	Respond to of 65232

Well it's like this: Options limit your exposure if you are buying x amount of options instead of x amount of stock. Because you are spending less money to buy exposure to the same amount of stock. But...if you are buying x amount of dollar instead, then you are spending the same amount and so have the same dollar exposure with no time problem involved. It was fun being exposed to 10,000 shares of Rambus though. But not being exposed to the time value expiration. I still have 75...and we have one and a half months!!!!! FReeus