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Strategies & Market Trends : Three Amigos Stock Thread
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To: Sandra who wrote (943)2/22/1998 3:00:00 PM
From: Sergio H  Read Replies (1) of 29382
 
Sandra, I still could not access the H and Q site to verify what I believe moved VRLK on Fri. If the vol. and price movements are due
to a takeover, then the March 10 calls are a good play. The March 7 1/2s, the April 7 1/2, and 10s and the May 7 1/2 and 10s all increased in price along with the common of Fri., but the March 10s did not.
March 10s are selling for 1/4
April 10s are selling at 7/16
April 7 1/2s are selling at 1 1/2

Interestingly, there was a lot of action on the calls and the puts on Fri.

Sergio
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