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Technology Stocks : Ciena (CIEN)
CIEN 230.45+9.4%Dec 19 4:00 PM EST

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To: MarkC who wrote (9762)11/1/2000 8:32:48 PM
From: MarkC  Read Replies (2) of 12623
 
Interesting options action today

When CIEN was trading at 92 this past Monday, I purchased the April 105 calls for $19.5. They were up a little yesterday to 27 and today to 30.5.

The interesting thing about todays rise is that the price rose at the end of the day when CIEN's price was declining a bit.

CIEN trade up to 107 and change in the AM.

Anybody have a take on this?

Mark
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