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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (2241)	4/13/1998 3:16:00 PM
From: smolejv@gmx.net	Read Replies (1) \| Respond to of 11051

>> Tell us more about these binary option thingys.<< What's there more to say? Take a trend a volatility indicator and calculate your chances. At the moment the chance is at app 57% success - I trust the Sal. Oppenheimers who issued it to know how to do math. How did I find out the chance/probability? Looked up the price. (57cents at 1$) Plain vanilla DAX calls would give me the same payout (of 30% in 6 months) with DAX at 5500 (~ + 8 percent from today). With this gimmick they just need to stay above 5000 - ie DAX can go down -6% and I'm still on the win side. The downside of this kind of option is the binary nature, either you win or you lose, nothing like breaking even or making only 10%. I guess I can live with this danger over my head. Regards Janko