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Non-Tech : Office Product Stocks - ODP/SPLS/OMX/VKNG/CEXP/OFIS/BOP
SPLS 10.250.0%Sep 28 5:00 PM EST

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To: Joe Waynick who wrote (114)7/1/1997 7:58:00 PM
From: jim clabaugh   of 297
 
joe,

i agree. it's pretty much my strategy also, except that i'm just now getting into ODP.

what do you think of the big drop in option premiums today? i was surprised that the july 15c and 15p were not getting anything after the big drop. if the premiums don't come back up, it will take a long time to get the basis down to zero.

also, what do you make of the open interest numbers in general.

have you done any projections for the next 2 months? i'm trying to plot future price activity.

cheers,
jim.
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