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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (30231)	12/4/1997 12:06:00 PM
From: Esteban	Read Replies (2) of 58727

Hi Patrick, I've been catchin up on all your posts concerning the PREM, reading with interest. I called up a chart of today's PREM and drew a horizontal line at the fair value mark of 1.92. The PREM has definetly been spending much longer periods above the line than below it. Do you have any expectation for this afternoon based on this fact? Along the same lines, if the prem has been mostly above fair value for an hour or so like this AM from 10:30 to 11:30, does this hint at anything important? Your posts on prem have really provoked some serious thought and interesting posts. Thanks. Esteban

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