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Technology Stocks : Winstar Comm. (WCII)

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To: Steven Bowen who wrote (4744)3/27/1998 10:09:00 AM
From: Steven Bowen  Read Replies (1) of 12468
 
John L or any of you option players out there;

Anybody know the real law for what strike prices trade?
I thought they always had two strike prices above and below the current stock price. We've been above 40 long enough, I thought they'd be writing 50's by now. Heck, after today we'll have no strikes above todays price. I always thought that after about two days closing above 45, we would be seeing strikes of 50 and 55. Anyone know? Help, I can't get no leverage.
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