derek at cynicism.com
Tue Apr 25 16:26:29 PDT 2000
On Tue, 25 Apr 2000, Deirdre Saoirse wrote:
> Interestingly, when I signed the various paperwork for $FIRM today, I
> noted that I am barred by contract from trading in $FIRM's options, a
> constraint which I find eminently sensible. Options aren't a bad thing,
> but most of the people caught on insider trading have been caught because
> of options trading.
That's generally because the overall cash outlay is almost always smaller,
allowing you to maximize profit, although a higher risk is involved.
Derek Vadala, derek at cynicism.com, http://www.cynicism.com/~derek
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