SDL, Inc. [Nasdaq: SDLI] Message Board

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Technology Stocks : SDL, Inc. [Nasdaq: SDLI]

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To: Jerry Miller who wrote (3274)	10/25/2000 2:50:44 PM
From: BDR	Read Replies (2) of 3951

<<but if this thing were up 80 points today, we'd have March 600s, and 650s there for the taking.>> I doubt it. I don't know the exact rules for the trading of option contracts but I believe that new strike prices begin to trade within a few days of new interim highs or lows and then only for strike prices 5 or 10 points above the new high or below the new low. SDLI hasn't traded this low within the nine months prior to the expiration of the March '01 contracts, therefore no contracts to trade. Wait a day or two and you will start to see bid/ask for the 220's, but no lower unless the stock goes lower.

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