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Microcap & Penny Stocks : ROLLING STOCKS
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To: Walter N. Schreiner who wrote (150)12/18/1996 5:11:00 PM
From: David Muse   of 233
 
To really answer your question, I saw the general upside of the tech stocks and the correction made on Wed and Thur. Some positive move on Friday. Options were 6-8 on Wed and dipped to 4. The upswing had to come, JAN CALLS gave me about 6 weeks for this to occur--I could have never guessed it would occur in 4 -6 hours. Options can also be played as a rolling stock if you want to look it that way except a small move on the stock can equal an exaggerated move in the option. The option dipped to an all time low-- jumped in. The same move could have been made in the last 3 days in at 5 and now out at 8 today.
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