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Technology Stocks : Micron Only Forum

MU 336.62

+1.0%

Jan 15 3:59 PM EST

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To: TREND1 who wrote (33347)	5/14/1998 11:10:00 AM
From: Patrick Koehler	Read Replies (1) of 53903

Larry, the favored shrike price is still 30, buy by only about 3000 contracts. That is low by MU standards, when it is sometimes as high as 15-20,000 contracts. Yesterday when I checked, there was a total of about 1800 in the money calls, and 6600 in the money puts. Going outside of the 27.5-30 range would result in an increase of in-the-money options. I lose about 1 of 4 times, by the computer, and I am now caught holding 80 calls and 1500 shares. This may give me a losing week. Time for everyone to push MU back to 30!. Patrick

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