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

To: Tim Fierro who wrote (679)	2/12/1998 10:34:00 AM
From: leo lewis	Read Replies (2) \| Respond to of 2241

where can I find an option paper trading program,trying to learn option trading the inexpensive way. thanks in advance, Leo

To: Tim Fierro who wrote (679)	2/13/1998 6:38:00 PM
From: ----------	Read Replies (1) \| Respond to of 2241

Hi: I was out of town a few days with ::gasp:: no PC. Regrading the part you don't understand.... The reason they are priced above the stock is because of the "time value". Given that "the market WILL fluctuate", in theory the longer the time your option has before it expires, the more likely you are to be correct at some point in time. The seller wants to be compensated that fact. Regarding yesterday & today.... all I can say is if you can give me tuesday's stock closing prices on Monday, I'll never work another day in my life. Doug