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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: Madpinto who wrote (554)1/14/1998 8:46:00 AM
From: MJR  Read Replies (2) | Respond to of 2241
 
Mike: Thanks for the info.

I have yet another question.. suppose I own the JAN 80 call options on XYZ and XYZ is now trading at $70 and I have no hope I'll see $80. How easy will it be to sell my calls to minimize my loss, rather than just let the option expire worthless? I would guess this has a lot to do with trading volume of the stock and open interest on the option.
In summary, how likely is it that I will be unable to sell of the option because no one wants to buy it?

Thanks in advance,
Mike



To: Madpinto who wrote (554)1/14/1998 4:05:00 PM
From: MJR  Read Replies (1) | Respond to of 2241
 
>>SPX and OEX index options trade until 4:15 ET.

Is this the same for equity options.. and do they open along with the equity markets or at a different time?

Thanks again,
Mike


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