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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: chirodoc who wrote (317)	10/29/1997 1:19:00 AM
From: Aaron Weiss	Read Replies (1) \| Respond to of 22640

I agree. This stock moves in such extended swings that someone with sufficient capital (and nerve) could almost make a living trading just this one stock! I don't think I'd want to hold a big position overnight, though... Day trader: Are you dealing with in-the-money, at-the-money, or out-of-the-money options? Doesn't the rather high volatility of this stock give its options some mighty serious theta? (Rapid rate of time erosion of the out-of-the-money portion of an option's price/value).