SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boplicity who wrote (6270)2/14/2000 11:28:00 AM
From: t2  Read Replies (4) of 24042
 
JDSU is in a good position for a move. The volatility on options has dropped off significantly in the last month---ie. the calls are getting a lot cheaper. That could result in some buy back of covered calls ahead of a possible major move upwards.

I am still confident of the move. My prediction is next week for the start of the major move. However, considering investors seem to be reacting a little sooner than the usual stock split run-up, it would not surprise me if it happens this week.

This week may also be the best time for call buying on the part of options speculators, IMHO. Of course, everyone should be aware of the risks in options trading.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext