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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: Terry Whitman who wrote (55171)8/5/1999 9:40:00 PM
From: Lizzie Tudor  Read Replies (1) of 86076
 
Nah I sold (puts) when it was around 65. But the premium is so high with this volitility it might as well have been 59. Actually looking into it there isn't much reisistance on pcln anywhere because it is such a new issue there is not much of a trading history. Anyway I remain bearish on many nets and am completely clueless as to why they rallied to these levels today. Oh well.
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