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Technology Stocks : Zitel-ZITL What's Happening
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To: Andrew Hui who wrote (560)11/2/1996 4:56:00 PM
From: dppl   of 18263
 
Since ZITL is a 50-50 call technically IMO, has anyone thought of buying calls and puts? The assumption of the stradle is this: calls would be of use in Nov, but not Dec. Puts could be of use right now and if not in Dec. I'm assuming this is a neckline, although it's conceiveable but not probable it could be a consolidation half way to the 50s.

thomas
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