Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Pancho Villa who wrote (8749)	12/22/1997 5:37:00 PM
From: scope	Read Replies (1) of 9285

Pancho: I was offering all day $2.00 for 10 May 20 puts but they didn't take it. Finally I dropped it below 2 in order to bring the ask price down.Did you know that put prices are computer generated and adjusted the minute your order goes in? Since put price is not going down, maybe they think that 21 is good enough for them. I still believe nobody will really sell until next month.

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