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Non-Tech : Invest / LTD

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To: SJS who wrote (1572)8/5/1998 9:51:00 PM
From: Broken_Clock  Read Replies (1) of 14427
 
Interesting theory on the puts. As for VRC, the mm isn't even selling any puts under 15 and there is vitually no time premium on the 15s, even way out. Apparently the mm isn't thinking vrc will stay down?

I agree that selling a covered write on vrc at 32 had a lot of risk. at 13 5/8 the risk seem to be a lot less to me.
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