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Strategies & Market Trends : Option Trades
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To: scotty who wrote (654)2/10/1998 2:16:00 AM
From: Broken_Clock  Read Replies (2) of 2341
 
scotty,
I've had MDT on watch for puts...along with SEBL, CKR, YHOO, LCOS, CXIT, CHRZ, NVLS. I am in AOL for a mere handful(5) FEB 110s @ 3 7/8.I am looking for earnings sell off tomorrow or later this week when the DOW turns.It may take some strength to stay with this one if rally continues tomorrow!I would have gone for more but the MMs quit discounting the ask after the stock hit about 109.From 109 to 112 the ask only changed 1/4!Maybe they are expecting a sell off too?
PK
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