Bid.com International (BIDS) Message Board

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Microcap & Penny Stocks : Bid.com International (BIDS)

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To: WhatsUpWithThat who wrote (17633)	4/8/1999 10:53:00 AM
From: RDR	of 37507

JMHO, From what see on the options side, ITM CALLS are being written by people who want to lock the profits (a wrong approach on the momentum stock with a major NEWS pending). Others are buying the low preimum like $27.5 CALLS in anticipation of NASDAQ NEWS and BII going much higher than the current levels. The key is to get some information on WHO is writting these CALLS is it retail investors or some institution !!!!!! For what it is worth the PUT action is very very small (I will be concerned if a lot of PUT contracts were traded). Also, we got to wait till tomorrow morning or late night today to see the impact on the OPEn interest based on todays options trading. Regards,

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