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Columbia Seligman Premium Techn Message Board

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  • tdyaa tdyaa Jul 13, 1998 12:44 PM Flag

    Test - Please ignore a novice STK stock holder-&-lovin-it,
    understand in novice-type terms what the ""320 contracts on
    the Aug. $42 1/2 went at $3 5/8."" Means?

    know options are contracts....puts/calls (betting
    dwn/up.... respectivly) , I understand,also, that they all
    have strike dates but I'm having a very difficult time
    putting it all together to understand the realities of it
    So far, I've never used options but want to learn.

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