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Gold/Mining/Energy : Triton Energy (OIL) - Elephant stalker
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To: Optmaster who wrote (72)4/19/1998 9:39:00 AM
From: Guy E. Fleming  Read Replies (1) of 134
 
Optmaster:

Your comments are very interesting. For my edification, could you explain the rationale behind your comments "lots of sellers of the May 45 calls stepping in. Yet the 35s and 40s are trading on their offers in size." What does it mean and what's your interpretation?

A 45 deal: I'd be happy but 45 doesn't seem like much of a premium from here. I would have expected 50 or so. Any prospects for multiple bids?

Thanks.
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