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Technology Stocks : JDS Uniphase (JDSU)

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To: SJS who wrote (13603)10/27/2000 11:27:07 AM
From: Srexley  Read Replies (1) of 24042
 
Trying to learn more about put/call strategies and your posts (and Stock Operator's) are quite helpful. Jumped in yesterday (in a small way) with November 60 calls figuring the news would be good. Obviously happy with my decision, but surprised at what has happened to the premium. It was over $6 yesterday, now it's about $ 1 1/4. How does this happen, yet the November 80's still have a $6 premium (& good volume)? Any feedback would be appreciated.

btw, the overall quality of this thread is outstanding!
Scott
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