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Old 10-29-2007, 11:08 PM
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Re: Greeks

Excuse my ignorance, but how important are the Greeks when you're doing a short term play?

For example, let's say I wanted to utilize options for a swing play instead of an ES contract I could setup an options play using SPY or the options backing the ES. Would it really be crucial to look at all the Greeks?

I'm not saying I shouldn't learn them, I have been doing that but I am just curious about how relevant they are for such a short term play (like 3 days).

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