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Technology Stocks : RGFX Raster Graphics

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To: ilan saadia who wrote (318)10/5/1997 9:14:00 AM
From: Richard Haugland   of 593
 
Give the exceedingly narrow range of trading of RGFX over the past months (mostly 7-8) these may not attract much interest. I expect that only the 7.5s will be "actively" traded. IMHO, it would be foolish to take a short term call at 10. If it starts moving after the next earnings report, however, this stock still could double. IMO, buying puts would not be a good investment either, but one may be able to pick up a few extra dollars by selling puts.

I don't know what the history is of companies when options become available, but expect a little pick-up in volume and possible increase in volatility around expirations dates because of this.
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