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To: wade baskin who wrote (6518)2/5/1999 11:01:00 PM
From: Hamiltonian  Respond to of 27722
 
<<UN-B-LEEVABULL PREMIUM ON THE MAR 20 CALLS--WELL OVER 20%>>

I agree with you that the premium on the March 20's are way too high. Anything over 10% is far too risky for me but I suppose much of the premium is due to uncertainty and volatility.

I was hoping for a $2 premium so I could by 100...but I'll have to wait or simply find a new strategy.