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To: Lucretius who wrote (64990)2/6/2001 12:41:53 PM
From: yard_man  Respond to of 436258
 
I agree ... (so you are definitely doomed and should buy SPX's instead or DJX calls)



To: Lucretius who wrote (64990)2/6/2001 1:16:13 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
nope! calculate it, that's not true! the basis for the SPX puts is the pure index value, while with the DJX's it's only 1/100 of the index. therefore, more leverage with SPX's.