Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: waverider who wrote (9289)	1/22/1998 4:56:00 PM
From: Broken_Clock	Read Replies (2) of 95453

Diamond, For every buyer there is a seller, right?Some one bought those SLB Feb 80's. A $4 bounce in the next three weeks will give them about a 3-500% return.I don't think anyone wouls sell 80 for the low premium(Covered calls) if they thought the stock was headed appreciably lower.They would write(sell) 70's... Dave If Sadam tries to exploit Clinton's present weakness there could be hell to pay in the mid east...

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