Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (38374)	3/13/1999 7:27:00 PM
From: J.S.	Read Replies (1) of 94695

Well IBM looks like it may spoil the party. It really tanked in the last minutes and the last trade went off a point below the last bid price. The most telling thing was the options prices. The 165 and 170 puts doubled on the same price indicating implied volatility more than doubled. Of course this is just options traders opinions... Joe

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