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To: LWolf who wrote (109649)	3/16/1999 8:06:00 AM
From: edamo	Read Replies (2) \| Respond to of 176387

lwolf re:"sell the option when the stock reaches x" not a good method, sell the option when the option reaches the price you desire/require...remember options are linked with the underlying, but only very close strike/expiration move proportionately with the underlying...depending on pereceived volatility at a point in time, the option premium can explode/deteriorate...lead/lag...for it has a mind of its own...and a bid/ask just as the stock...remember the options trader cranks in a volatility factor taking strike/time in to account... control your option orders as you would a stock order... good luck, ed a.