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To: Judy who wrote (16109)10/1/1998 10:50:00 AM
From: Debra Orlow  Respond to of 42787
 
Judy, (or anyone else who has the answer) word has it that you might be able to answer a question of mine:

question about options...and I know that you can't answer me exactly or anything.....say that you have a stock at 30, you buy puts at 30, the stock goes down to 25. If you dealt with the equity itself, you have a ~17% return. Can you say a range of what you would have made on the options? Is it more than 17%? Again, I am just looking for a realistic estimate to even think if it would be worth it to me to get involved with this form of trading. Thanks.

PS HELLO CHRIS!