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Technology Stocks : Micron Only Forum

MU 249.84

+5.4%

10:06 AM EST

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To: John Graybill who wrote (46504)	6/24/1999 11:22:00 AM
From: John Graybill	Read Replies (1) of 53903

Option premium has collapsed today in both puts and calls, no surprise there. Usually, options at the money move about 1:2 with the price of the stock. But the calls have dropped almost the same amount, and the puts have moved barely enough to cover your bid/ask spread and commision. Anybody wanting to leg into a spread (either direction) today or overnight has a much better playing field from here on out.

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