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Technology Stocks : AOL Options for the Bearish
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To: James F. Hopkins who wrote (6)3/1/1998 7:25:00 PM
From: yard_man  Read Replies (1) of 33
 
That's why spreads are so appealing.

Now when puts premiums are not higher (as usual) -- it is a bearish sign, right Jim? People are paying a "premium" to buy calls. I don't care if the premiums expand on both sides, but if the usually higher time value is not there on the puts -- it can be an indicator of sentiment. Perhaps a bear call spread is in order. I'm going to size this up as soon as I get time. Got to get another broker who will let me do spreads.
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