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Re: pennies2007 post# 18271

Monday, 05/19/2008 9:18:54 AM

Monday, May 19, 2008 9:18:54 AM

Post# of 50030
Here's what you can expect for June contracts:

Min:

Share Price - Strike Price = Contract Price

$180 - $155 = $15

So you can expect at least $15 for your contracts. But here's the kicker, the more time still left before expiration, the more you can add to that $15 figure. The reason for this is the time decay factor.

Now can you guess what my August $170/CALLS will be worth if we hit $180????

I would think they may be worth more than the June $155/CALLS!!!

WEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

Boca_Bobby

Boca_Bobby

Mom said there would be days like this!

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