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Technology Stocks : All About Sun Microsystems

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To: E_K_S who wrote (24814)12/15/1999 4:23:00 PM
From: rudedog  Read Replies (1) of 64865
 
Eric -
Well, after the round of comments from the thread, I finally got confirmation from my broker - it was 50 of the SUXAV Jan 72.5 that he got at 6 5/8... I think I shook his confidence a little, I said "there's a guy who says he is looking at all the transactions and he can't see the 6 3/8, he can't see the 6 5/8, he can't see anything under 7 1/8", he says "I'm looking right at it, that guy must be smoking dope...". We finally figured out that we were talking about different options.

He didn't fill any of the SUXAN. I also had him looking for SUXDN Apr 70s if they got under 11, or SUXDV Apr 72.5's if under 10... none of those filled either.

On LEAPs I was shopping for small quantities - 10 or 20 contracts - ZJXAO Jan '01 75s if under 18, ZJXAW 77.5s if under 17, ZJXAP if under 16. He tried for the ZJXAO at 18 but didn't fill, everything was starting back up so he did the ZJXAP slightly above the target.
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