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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jill who wrote (1265)9/14/2000 12:51:12 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
I still think INSP will complete the gap, head past 50
and soon
their execs are now in Europe and conferences
a friend two weeks ago bought calls
he paid near zero for option premium !!!
the premium has since pumped back into price

my current situation doesnt enable my stones to withstand the stress of options at all
your decision on level of risk
I can barely tolerate margin
check out the inmoney call premium on INSP
I truly believe the biggest ripoff in the options arena is the stripping of call premium from inmoney calls... the more time involved, the more premium, the more the ripoff WHEN IN THE MONEY
for some inexplicable reason, inmoney calls slip toward parity, happens all the time
the result is a "RangerRick" type bargain with leverage

expensive stock, promising future dominance

for those with major stones, consider option put on CNXT at 4pm close today
this puppy is gonna backfill into mid/high 40's
I stake my lost reputation on it
/ JW
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