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Technology Stocks : America On-Line: will it survive ...?

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To: CLAUDE JOHNSON who wrote (4105)7/23/1997 7:25:00 PM
From: James F. Hopkins   of 13594
 
Hi Claude; Well the premiums are more now both puts and calls, than
I'v seen them in the year or so I'v been playing..and the dips and
pops are not any more percentage wise..it's just a lot more people
chasing options now than before, and even the spreads are higher
in most cases..this buying game don't work when every one starts playing it the writers are cleaning up..but I'm not in a position
to write enough to do any good. It's a sellers market on options,
I need to wait till it gets back to a buyers market.
Jim
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