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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (62279)6/14/1999 3:38:00 PM
From: Tommaso  Read Replies (3) of 132070
 
Mike,

What typically happens with puts the next day after a good-sized drop in the stock? I mean, is there sometimes a delay on the rise in volatility and the premium?

Given that SCH is presently down over 12 today, I am a little disappointed with the sluggishness of my LEAP 40s of 2000.

Any advice?
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