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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Nemer who wrote (48709)7/28/1998 12:53:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
Using Last's formula for a gap (thanks Mark) you would be short Dell

but using your scenario you would be long since according to my quotes we went to 113 3/4

is that correct?



To: Nemer who wrote (48709)7/28/1998 1:16:00 PM
From: the options strategist  Read Replies (1) | Respond to of 58727
 
Nemer, thanks so much for the example. It is much clearer now.

If it's not asking too much, the next time you use this strategy, let me know. I'm trying hard to learn the best entry points. It has been lousy.


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