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l38k

01/13/05 12:46 PM

#6280 RE: pmiles #6278

peter -

later, no prob.
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DowDeva

01/13/05 12:50 PM

#6281 RE: pmiles #6278

Pmiles, yes. Regarding B and A though: I don't know if you are intending to trade Qcubed only, but unlike stocks, on options I find that I can often trade in between the B and A, and particularly if the spread is wide.. A good options broker in particular will search out the best price for you.

Watch out for time decay, it's a killer.


Deva
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denmo83

01/13/05 1:00 PM

#6288 RE: pmiles #6278

pmiles...

10 contracts would be 350.00 @ .35

Like Deva said, time decay is a killer. Give yourself time. I'm fairly new myself. I bought the March 38.63 quad calls at NDX1550 the day before yesterday.

The NDX is 11 points above my entry, but flat on the trade due to 2 days gone by.