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Technology Stocks : Vitesse Semiconductor

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To: SJS who wrote (2832)9/18/1999 8:34:00 AM
From: David Lawrence  Read Replies (1) of 4710
 
Volatility is up, and so are the premiums. You can get $12 for a January $95 call - that's $107 if you get called (16% return for 4 months), or 12 bucks in your pocket if they don't get called (that's over &frac12 my basis!). OI is only 22 contracts, so it's a thin market.
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