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Technology Stocks : INTERNET MANIA! Day Trading Net Stocks
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To: wiley murray who wrote (78)11/28/1998 4:57:00 PM
From: Tai Jin  Read Replies (1) of 1054
 
I agree that the options premiums are way too high. You either had to have bot the options before the increase in volatility, or wait for the stock price to stabilize (but I'm not sure if that will happen). I got a 100% return on EGGS calls in one day on the second day of its move. Back then (only a few days ago) the premiums were reasonable. Actually, I just checked some EGGS PUTs and they are not as unreasonably priced as some of the others.

...tai
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