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Technology Stocks : All About Sun Microsystems

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To: Ben Antanaitis who wrote (6153)12/14/1997 6:19:00 PM
From: Riskmgmt  Read Replies (2) of 64865
 
Ben:
Enjoyed your post on options expiration. I noticed that despite the $40 "sweet spot" Sunw actually closed @ $35 11/16. I noted that you mentioned that it was a moving market and from when you run the numbers in October it could change. Two questions for you if you would be so kind.

1. What was the optimum taget price that most options expired in November at the close?

2. In running your software-what have you found the percentage of accurancy to be? You mentioned the oft quoted 90%, are you finding this to be true?

I am just curious not attacking the theory.

sincerely,

Ray
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