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


To: SE who wrote (49013)8/2/1998 9:20:00 PM
From: Herring  Read Replies (1) | Respond to of 58727
 
Thanks for your input!

I think I am going to go buy some of those Aug ZAP puts!

Herring



To: SE who wrote (49013)8/2/1998 10:17:00 PM
From: SJS  Respond to of 58727
 
Yes, and check your calendar each month because the value of the option is directly correlated to the number of weeks left until expiration.

If you sell options on a month to month basis (or buy them) sometimes there 4 weeks between each expiration, and sometimes 5.

That extra week makes a difference in the premium you pay, or take in.

Good luck.

Steve