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To: SJS who wrote (4209)10/14/1998 2:07:00 PM
From: waverider  Read Replies (2) | Respond to of 14427
 
Lordy! I think I'll go over all that with my McMillan book over coffee some night.

AFS up almost $7. Thean you were right on with it breaking 60 then 70 in a heartbeat. This one got away from me.

<H>



To: SJS who wrote (4209)10/14/1998 6:00:00 PM
From: browser  Respond to of 14427
 
the trouble with implied volatility is that it changes every day!
it's not a constant fixed item! stock goes down,option goes down have to recalculate volatility on a daily basis as prices change
that's why i don't like it
can't buy options on that alone


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