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To: chief who wrote (50941)	7/16/1998 12:26:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 176387

>> Hey,how does the premium "stuff" work? A detailed explanation would be greatly appreciated. << I don't want to be rude, but if you are smart enough to get on the internet you should have no problem finding something you can read about options. Here is an example of something that took me 2 seconds to go find in an AltaVista search finance.wat.ch To get you started, the "premium" is simply the price of the option. Two components that determine the premium are the option's intrinsic value and time value. Options prices are determined by supply and demand just like stocks.