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Technology Stocks : Westell WSTL
WSTL 5.900-3.8%10:14 AM EST

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To: P314159d who wrote (20186)8/22/2000 9:33:54 PM
From: dave turliku  Read Replies (2) of 21342
 
Pi: Long time no chit-chat....

Anyone notice the activity of late in Call Options OI ? Today's farily low volume (it was what 506K before Greenie spoke) and share price movement, combined with run in EFNT gave me that deja-voodo feeling - checked Call activity, and voila 137 traded in Sep 17.5's. Similar situation signalled bottom at $13/14 precluding runup to $19 and beyond. Just wishing I had seen previous days action in Options to confirm a trend ?

Anyone see anything ? I feel a bottom here and am pulling out my fishing rod.

Regards,

Dave
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