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Strategies & Market Trends : Options
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To: Seldom_Blue who wrote (7013)4/27/2000 9:40:00 PM
From: Uncle Frank  Read Replies (1) of 8096
 
>> Almost sold some GMST puts, but really cannot take the motion sickness on this one. Will wait.

You may not have to wait very long, SB. John Hsu, who is a professional trader operating out of Hong Kong, noticed the arbitrage spread between tvgia and gmst has disappeared in recent days:

Message 13509844

I agree with John that this may be a harbinger of approval of the merger by the ftc.

uf
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