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Technology Stocks : America On-Line: will it survive ...?
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To: Robert Giambrone who wrote (3587)6/25/1997 5:25:00 PM
From: The Duke   of 13594
 
The july 55s closed at 1.5 bid today, that's an implied volatility of 45, with 22 days to trade. In two days, if the stock goes to 55 and the implied(bid) doesnt change, the puts should be worth two and a quarter. hope this helps.

Eric Winsberg
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