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Strategies & Market Trends : Giant LEAPs... -- Ignore unavailable to you. Want to Upgrade?

To: Terry Maynard who wrote (307)	4/5/1999 12:34:00 AM
From: klemaire	Read Replies (1) \| Respond to of 315

Terry -- I'm not too scientific about how I pick Leaps when I buy them. My choices depend on: o how much money I want to spend and whether or not I think it's best to get a 2000 or 2001 Leap. o how closely the Leap moves with the stock. Ideally if the stock goes up, you'd like it to move as fast or faster than the stock price! (But slower if it goes down, right? LOL) o I go to a stock option Greeks site and look up delta on the Leap after I've looked it up on edreyfus.com (or CBOE if Dreyfus isn't down - if Dreyfus is then I find CBOE certainly will be!) This is my main concern, how closely the Leap moves with the stock. Here is the site: fast.quote.com. I'm sure there's a shorter version somewhere but that's what I found most recently. It's called PHLX Stock Quotes and Charts Kim