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Strategies & Market Trends : Options

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To: Jill who wrote (780)1/7/2000 4:19:00 PM
From: RocketMan  Read Replies (2) of 8096
 
Where are you getting the price of the option? It may not have traded for a few days or weeks.

From ETrade. Here is a print of their screen data. That last trade was mine.

CREE Jun $85 Call (CQRFQ) January 7, 2000 3:44 PM EST
Real-time quote, AMEX
Trade Quote Price 9 1/8 Change -3 1/2 Last Trade January 7, 2000 3:44 PM EST
Bid 9 Ask 9 1/2 Open Interest 10
Premium 9 1/8 Volume 7 Day range 7 3/8 - 9 1/8
Prev. Close 12 5/8 Open 7 3/8 Days to Go 162

However I might buy some of the common rather than calls--unless I can get a sense of how it might trade over the next 4-6 months. On the other hand, those calls sound cheap.

I picked up some common also, but wanted to leverage a bit with the calls as cheap as they were. Let me know if you look into it and learn anything.

I will search for COMS.
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