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To: ViperChick Secret Agent 006.9 who wrote (10105)6/11/1998 1:30:00 PM
From: AlanH  Read Replies (1) | Respond to of 42787
 
Lisa Re:NDX premiums

Yeah, I examined some NDX puts and was astounded by the price. Sometimes, it's best to create a spread (expensive options paying for expensive options).

BTW, you may be able to recoup some of that by selling (short) some lower strike NDX options. (This would also lock profits.)

What do you think of the "candles" stuff?

-Alan