Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (7082)	2/26/1999 2:53:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 99985

Tippet the options on NDX suck, not only is the premium out of hand they skew them in front of the moves, on top of that it commission cost on options are much higher than just buying the index. I haven't found any index options that are worth a crap, you have to give the floor traders half of what you make, while you take all the risk, people who try to get rich fast in options are generally the biggest losers in the market. Index options are the worst there is bar none. Look at the premiums, ( hell I can borrow all the money I want at a rate 1/4 of that ) so if I want to go out on that kind of limb I'll just borrow to buy more of the index. They can take the options and shove em. I may play a stock option from time to time, but it has to have a very low premo. I don't like paying interest, I like collecting it. Jim Jim