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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Michael Rich who wrote (23308)2/11/1999 1:30:00 PM
From: Judy  Read Replies (2) | Respond to of 50167
 
Mikey,

I have not followed the INTC leap pricing recently but keep in mind that even though the price dropped the volatility has kicked up. I suspect the volatility part of the prem has increased sufficiently to cushion an non-optimal entry, that certainly occurs for shorter-term options. So probably you would not have gotten the leap much cheaper although the stock fell another five points. Check it out and see if that is the case.