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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (22908)8/4/2001 1:01:20 PM
From: ajtj99  Read Replies (1) of 30051
 
Zeev, you can see by the open interest of 74 contracts that they aren't exactly busting down the doors to get those GLW Jan 03 leap $10 calls. If GLW gets to re-test it's 52-week low, maybe they'll open a few more contracts.

The risk/reward ratio is not that attractive, and they are not attractive as a hedge for short sellers.
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