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

To: tyc:> who wrote (796)	2/28/2003 11:06:27 AM
From: Dominick	Read Replies (1) \| Respond to of 1064

As I understand it, you're saying, due to the very low THETA deterioration of the warrants, if the stock should increase rapidly, the warrants will increase enough to protect the short calls of the straddle. I never thought of that strategy. So much for my nickname "IdeaMan". :) I lost a whole lotta bunch of money in my early trading years playing OTC stocks like "Burma Mines" etc. Liquidity is now my middle name. I don't appear to have QBASIC. I'm running Win98. Thanks for the reply, Dominick