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To: Ilaine who wrote (14045)	12/29/1998 2:31:00 PM
From: accountclosed	Read Replies (1) \| Respond to of 86076

It was mysterious to me. I read it and went to respond to it and it was changed, so i couldn't see the question. first of all i remember you saying that the first option listed was...i assume you do see that on the cboe site the calls are on the left and the puts are on the right. it makes it a little harder to read. i prefer the dreyfus for getting symbols. they break it up into sections. i think mythman gave me the dreyfus link. during the day you may need a password as the link i gave was for amzn. but you can trick it by editing the url to the stock you want. your logic about the option is basically correct. however not all during january. options have expiration on a specific day each month---the third friday. If you are actually considering that option, that type is said to "trade as stock". it is so deep in the money, essentially you are buying stock on margin.

To: Ilaine who wrote (14045)	12/29/1998 2:35:00 PM
From: accountclosed	Respond to of 86076

What is the expiration date? The last day (in the case of American-style) or the only day (in the case of European-style) on which an option may be exercised. For stock options, this date is the Saturday immediately following the third Friday of the expiration month; however, brokerage firms may set an earlier deadline for notification of an option buyer's intention to exercise. If Friday is a holiday, the last trading day will be the preceding Thursday http://www.cboe.com/education/faq.htm