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Strategies & Market Trends : Tech Stock Options

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To: Soumen Barua who wrote (58519)10/25/1999 9:57:00 AM
From: broken_cookie  Read Replies (1) of 58727
 
Soumen,

Suppose I bought some Jan options today (I pay for time value), suppose several days later my options moved in my direction (assume 5 points). The MM added on the intrinsic value but reduced the time value and my options moved very little (if any, sometimes they even go down!).

Was this an earnings play?
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