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Strategies & Market Trends : Swing Trading With Options

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To: Dan Duchardt who wrote (50)8/20/2001 11:18:34 PM
From: Dan Duchardt   of 88
 
QCOM strangle with 60 call and 65 put

Volatility on this thing suffered some shrinkage today, with volatility dropping from about 62% Friday to about 57% today- not very comforting when you are on the long side. I've heard a bit here and there about premiums dropping when the "next month" changes to the front month. This seems to support that notion. Does anyone know if this is a real phenomenon, or am I just seeing an anomaly?

Dan
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