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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (12369)	7/20/1998 10:19:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (3) \| Respond to of 42787

If I recall, BK had a down day in the middle of this too.>>>>> HELLO???? that is the point there was a down day and there was loss of momentum and that is why they stripped the premium... that is why I asked you if HD lost its momentum the stock was between 66 and 66 1/2 when I bought the option I paid 3 3/8 for the option an October option doesnt lose time value that quickly... the stock at one point was at the same point where I bought(after it went sub 66)..and the options was trading around 2 5/8 this is all within three days of the trade... THAT is not time erosion on an October option