EMC How high can it go? Message Board

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Technology Stocks : EMC How high can it go?

EMC 29.05

0.0%

Sep 15 5:00 PM EST

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To: dennis michael patterson who wrote (3754)	1/12/1999 8:54:00 PM
From: SJS	Read Replies (2) of 17183

Hey Dennis, I still think the options shootout is around 90, as I mentioned last week. EMC telegraphs it options close pretty well. I've correlated the close the week before historically with the actual close on option expiration and it appears that it looks good for around 90. My guess is over. Nothing's guaranteed, of course. The over/under thing is what keeps the premium in the options till the very end.... The 85 puts, for example, are quite rich at 1/2(B), 3/4(A). For someone thinking of adding cheap stock (or free premium), a sell of those puts is a good way to get one, or the other for the 3 remaining days this week. I personally doubt EMC will go NEAR 85, there's too much support. IMHO...This is NOT investment advice....

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