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Return-path: Jdonato98@xxxxxxx
From: Jdonato98@xxxxxxx
Full-name: Jdonato98
Message-ID: <3bd4b0fb.2476e073@xxxxxxx>
Date: Fri, 21 May 1999 12:14:43 EDT
Subject: Re: OPTN - DOW Crash Insurance
To: larry@xxxxxxxxxx
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Larry,
At $7.50 for Dec. you are paying all time premium. it looks as though the put
is at a discount.
Buying options 7 months out is DANGEROUS!!!!!!!!!! especially Index Options.
If you feel you need a hedge, you would be better looking into the OEX
( S & P 100 ) which trades at the CBOT. Go to their web page ( www.cbot.com )
and get some info before spending your money on any type of index option.
All the Best,
Jerry Donato
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