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To: MonsieurGonzo who wrote (3918)9/14/1998 9:30:00 AM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 11051
 
you win, steve (cant hold it back any more):

where does the magic 216 in OEX,216 come from?

DJ



To: MonsieurGonzo who wrote (3918)9/14/1998 10:22:00 AM
From: dr. z  Read Replies (1) | Respond to of 11051
 
H iSteve,
I've appreciated your thoughtful and intriguing posts and appreciate you discussing your straddle ideas. Have you thought about initiating the straddle you describe and then writing farther out of the money options against the position to decrease the cost to you (with the realization that it also decreases the upside potential)? thanks for your input mark


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