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Strategies & Market Trends : Options 201: Beyond Obi-Wan-Kenobe -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (723)1/15/2003 8:58:40 AM
From: jt101  Read Replies (1) | Respond to of 1064
 
Dan, Thanks for the input. The exact words used in the Barrons was 'nifty fifty index', again based on memory... It was a few months before (5-7 months)...

fwiw... I closed my QQQ JAN27 naked calls at 0.55, b/e trade. I am now left with COF covered puts, they have earnings tomorrow. With my luck, they will beat the estimates easily...

Edit : Add to that the changes in the index members over a long period of time!!!



To: Dan Duchardt who wrote (723)2/9/2003 12:49:04 PM
From: J. P.  Read Replies (2) | Respond to of 1064
 
Question for anyone.

They sell seats on the CBOE for about 165K.

What does owning a seat entitle you to do?

Do you get better prices?

Why would one buy a seat?

TIA,

Jim