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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (12828)10/21/2003 12:41:32 PM
From: ALTERN8  Read Replies (1) of 13094
 
buying IBM Jan 90 calls at 3.5 today, the calls seem to be really cheap here as the stock has gone no-where the last 4 days yet the calls have been getting cheaper everyday. These calls were 4 Dollars last Friday. LOD 3.3 so far today, the stock trading higher today, yet the calls are down again just saw an ask of 3.4

If IBM gets back to 95 these calls could double in price, here's to hope.

Cheers,
P
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