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To: schlep who wrote (186)4/30/1999 8:59:00 AM
From: md1derful  Respond to of 1056
 
Schlep: Great name...I really hate using margin with the markets at all time highs..in fact I'm about 25 % cash right now and would use options for maximum leverage without committing too much cash..but I acknowledge and basically agree with your pov..regards



To: schlep who wrote (186)5/1/1999 2:48:00 PM
From: tech101  Read Replies (2) | Respond to of 1056
 
The spread for option is just too high (sometimes more than 10%). So it's more cost effective to just buy the stock itself when it's under 10.

And you don't have to watch the expiration either.