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Technology Stocks : OnSale Inc.
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To: jjs_ynot who wrote (2829)12/26/1998 12:42:00 PM
From: M31  Read Replies (1) of 4903
 
dave s RE: Anyone investing in options should read "Options as a Strategic Investment" by McMillan.

Good book. Another, more from a trader's practical standpoint, is McMillan on Options. Chapter 4, The Predictive Power of Options, has some germane advice about screening out option volume increases that are not precursors of movement in the underlying stock.

If almost all of the option volume is concentrated in one series (that is, just one call or just one put), then it is unlikely that anything special is going on with that stock.

Now what was all that fuss about $18,000 worth of Jan 120 calls?

M31
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