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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (12789)	10/26/1997 12:25:00 PM
From: Bart	Read Replies (1) \| Respond to of 50167

Great post Ike!-Bill Gates is much preferable to Hitler , Mao or any other tyrant!-If having a coke makes the world smile it sure beats what we have seen being sold in the not too distant past!-Pentiums from INTC makes this a smaller planet and allows friendships to bloosom.It is much more difficult to hate someone who you have grown to know and this bonds together our global comunnity.

To: IQBAL LATIF who wrote (12789)	10/26/1997 5:09:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 50167

Ike here is a naive question on index option trading. I have traded options on stocks but not on Indices. I have come across the following index options: -OEX -DJX -SPX -SPY -SPZ I can easily see what they represent, my question is: -how does one decide which one should be traded (e.g. for risk reduction for long equity positions as now)? many times they tend to have similar charts. -what are pros and cons of using one vs other; in terms of premium, risk, liquidity etc -any other advice that you might want to offer Will appreciate your response or a pointer to a sight that might answer these questions; many thanks in advance. best regards M. carter