Novell (NOVL) dirt cheap, good buy? Message Board

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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Spartex who wrote (30295)	2/14/2000 9:49:00 AM
From: Paul Fiondella	Read Replies (2) of 42771

Earnings speculation begins The 45 Feb Call is trading at 1/4 - 5/16ths (open interest 1169) whereas the 40 call is trading at 1 5/16ths (open interest 6051). With the stock at 39 this close to earnings and expiration, that is some premium on the 40. There have been few percentages in playing NOVL for rapid moves in options, say compared to MSFT, but this may be one of those times when purchasing the 45's is a good bet.

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