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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (53281)3/23/1999 11:12:00 AM
From: d e conway  Respond to of 1583390
 
Jim...

<< Three things can happen to an option and two of
them are bad >>

You got that right...I have a hard-won education on that subject.

Dan



To: Jim McMannis who wrote (53281)3/23/1999 11:44:00 AM
From: Elmer  Respond to of 1583390
 
Re: "Where did this 80% number come from? It's more like 90%.
Three things can happen to an option and two of them are bad.
Most expire worthless."

That's the whole idea. Most expire worthless so be the seller, not the buyer.

P.S. Still waiting for that email

EP