SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : 3DFX

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JR who wrote (2427)4/23/1998 2:42:00 AM
From: John Coltrane  Read Replies (1) of 16960
 
I looked at those contracts too.

At 5/16 for the 35s, its gambling money. If the stock gets back to 30-31 in the next three days, you can get a buck or two for those contracts. I'd hope.

But 5/16 seems awfully cheap. Can someone with more experience than I in trading short contracts give an opinion on this price. Where's the premium and time value? 4 weeks worth of time left.

Has the MM been caught or at least squeezed on this contract by the sudden drop? I've seen it happen before.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext