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Gold/Mining/Energy : potash corp
POT 20.650.0%Jan 2 4:00 PM EST
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To: Graham Dellaire who wrote (38)6/6/1997 2:56:00 PM
From: Mike Naiditch   of 60
 
Options Update

Today, Mesirow bought 200 June 80 Calls and 100 July 80 Calls.
The implied volatilities had sunk as low as 26%, untli Mesirow began their shopping spree. The Kali deal's deadline is approaching (again), so perhaps the options volume will continue to pick up.

towertrading.com
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