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Technology Stocks : IDTI - an IC Play on Growth Markets
IDTI 48.990.0%Mar 29 5:00 PM EST

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To: 5,17,37,5,101,... who wrote (7920)4/21/1998 11:07:00 PM
From: BigBull  Read Replies (1) of 11555
 
5,17,37,5,101,...: Rats and other options

Sometimes smelly rodents can be sniffed out in the options market. If I new for a fact that a company was going to report utterly abysmal earnings I'd be buying all the near term in the money puts I could get my hands on. The open interest in May 15's is 5.6 to 1 in favor of calls. More calls traded today than puts. If I saw 1000 put contracts cross (or something like that) I'd sell my stock tomorrow. I haven't, so I'm going to stick around for the earnings report (at the very least).

Warning Will Robinson: The following link is time sensitive!

cboe.pcquote.com
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