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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (44001)	6/30/2001 8:39:00 AM
From: Mike Buckley	Read Replies (2) \| Respond to of 54805

Frank, Good to have you back! I hope the dealers were as good to you as the market was. Since time premium varies in direct proportion to the square root of the time remaining on the option That explains why I was confused ... by making me even more confused. Some things are better left alone. :) Seriously, the point you're making is that the Jan 04s are less than half the cost per month than the Jan 02s and that is to be expected. Not having run the numbers, I didn't realize there would be such a difference in cost. I'm impressed. Thanks! --Mike Buckley