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To: yard_man who wrote (250261)7/15/2003 6:15:49 PM
From: mishedlo  Read Replies (2) | Respond to of 436258
 
.05 to $1.00+ does not turn $500 into 50,000

M



To: yard_man who wrote (250261)7/15/2003 6:26:09 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
His math's a bit off...if he bought $500 worth of calls, it would be 100 contracts...if they go to 41.50, he'd net 15,000-20,000 or so. That's provided they open up that much, which is a big if in my book....