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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 110.62+2.7%3:59 PM EST
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To: mishedlo who wrote (43290)6/2/2000 5:24:00 PM
From: Scumbria  Read Replies (1) of 93625
 
Mishedlo,

Interesting day for my straddle. I bought the calls for 2-1/2 and bought the puts for 1-1/4. The calls closed at 3-1/2 and the puts closed at 1-3/4.

Aside form the fact that I made a remarkable paper gain today, it is interesting that the puts increased by almost 50% on a day when the stock was up 10%.

Apparently a number of other people are thinking the same way I am. Hmm.....

Scumbria
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