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Technology Stocks : JDS Uniphase (JDSU)

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To: Labrador who wrote (3076)12/16/1999 3:01:00 PM
From: Bill Holtzman  Read Replies (1) of 24042
 
Re: JDSU options premium. I'm not surprised in the slightest. I commented on this thread that I thought the plunge from 260 to 220's (and below) was related to options. And, when Guy told me I was wrong, I suggested that a 30 point move on Friday would prove me right. Well, it's only Thursday and it's only 20 points so I guess I'm wrong so far.

BTW, I bought Dec 260 calls at 2.25, 1.5, and 13/16!! They're at 1.5 now, what should I do?!
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