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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: ItsAllCyclical who wrote (58948)1/23/2000 5:36:00 PM
From: dmccoach  Read Replies (1) of 95453
 
Jiml,

I'm not an options trader, but why would someone buy calls so far in the money? (do i have this correct?). If someone believed OEI was going to $11, then why not buy out of money calls (say $10 or $10.5?) for (i assume) a lot less!?

What do you think,
Dan
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