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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (29445)	11/24/1997 7:42:00 PM
From: Jerry Olson	Read Replies (2) of 58727

TT Didn't mean to butt in here, butt I have an interesting bit of info for you.. Last week, on thurs all 3 of yoou guys had a buy on the market... I called my BB, and had him check the Nov OEX 910's and 915's... When the OEX was 913+ the 910 strike was 7 3/4 & the 915 was 4 3/8ths... TT here's the best part, Nemers sell point was 920...at 920 the 915 call for NOV was 9 1/2....yes I said 9 1/2...TT the 915 strike was now 5 points in the money but still kept the premium of 4ish, just 1 day before Option Expiry... I was flabergasted...and so was my BB...he couldn't believe it!!! Comments????

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