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To: freeus who wrote (89758)1/18/1999 4:58:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 176387
 
Freeus, options are short term, and as you point out, they are trading vehicles. So I don't think it makes sense to discuss options in the context of a buy and hold discussion. Just think of what would have happened to your portfolio if it consisted of a preponderance of options with an August 1998 expirey!

He who lives by leverage gets crushed when the rock moves the wrong way!

TTFN,
CTC