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Technology Stocks : Computer Associates
CA 24.960.0%Dec 9 4:00 PM EST
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To: rupert1 who wrote (2844)8/3/1998 4:04:00 PM
From: AlienTech   of 5232
 
Yes I would definetely be looking to buy some AUG 30 calls at this point. Just cause the option specialists will use any excuse to push the price back up to 35 and if possible to 40 so they dont loose out so much on the puts. Just too many puts in the money at this point worth quite a bit of money and I dont think they were able to short enough before the sudden drop for them to have covered it..
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