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Biotech / Medical : ABTI Alpha-Beta Technology

ABTI 0.200

+99,900.0%

Jun 17 12:34 PM EST

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To: Rosemary who wrote (412)	8/4/1997 10:11:00 AM
From: Ryvers	of 572

Rosemary, My primary real time quote source for options is ESchwab, with delayed quotes on Pacific Exchange and CBOE. My understanding is that although options prices generally move with the stock, there's not a defined linkage - although far in-the-money options generally are close to $-for-$ movers (a Delta of 1). Options prices are defined by supply, demand and market makers' perceptions of investor psychology as regards a specific security. Someone with a greater understanding than I may want to elaborate... I bought back the calls (10's) at a healthy gain, but as for the shares I'm long, a different story. Good luck.

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