Excite [XCIT], an exciting stock to own in 1999! Message Board

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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: JR Medlar, 2nd who wrote (1357)	4/16/1998 9:30:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (2) of 3183

Wait...is the son of a broker telling me that a 100 share trade on the Nasdaq from Joe Blow can only be double counted?????? 6.5 million shares x 90 double counted makes no difference to people who dont know that??????? I bet there is more than one person that reads this thread that thinks money flow was 6.5 million x the share price and there are plenty of people that dont know that.... and no...I am talking about Implied Volatility..... and any option trader better understand that like a put I paid 3 3/4 for was worth 4 1/2 to 4 3/4 the next day with the stock UP more than 2 from where I bought the put....(and it was pretty stupid not to sell and take my profit with that one) and the stock was up 5 and the put was valued the same and with the stock up 13 my put lost a value of less than one... and excite could stay right where it closed tomorrow after earnings..and I bet your call will be worth less..... and how much does the stock has to move to make your option move... etc etc etc.. but I am sure you know all those things as a son of a broker...

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