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Non-Tech : Radica Games (RADA)

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To: Gary105 who wrote (2708)2/18/1998 7:09:00 PM
From: Jay Tice  Read Replies (1) of 7111
 
Gary, does look like inverse head and shoulders, but volume on right shoulder breakout is critical relative to left and head. Would like to see higher vol for good confirmation, but vol is expanding relative to downtrend that formed right shoulder and this is very good sign.
Question: What effect do you see arbitrage having on price come friday with open interest on Feb 12.5 & 15 calls at 125,000 shrs?

Thanks, Jay
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