Cyberian Outpost (Symbol: COOL) Message Board

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Technology Stocks : Cyberian Outpost (Symbol: COOL)

COOL 0.103

+10.6%

Sep 5 5:00 PM EST

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To: Joe Pirate who wrote (1425)	5/4/1999 11:37:00 AM
From: Jason Cain	Read Replies (1) of 1932

Pirate - What kind of moves were you thinking? The May 17.5Cs would probably drop to 1/8 if COOL hit 12.5. The June 20Cs are still too rich (read risky) for my blood. If it dropped quickly I would sell May 12.5Ps at the money. You might get 2 bucks per. Even though COOL has lost much of its volatility in recent days, the expectation (implied volatility) remains high because it is an e-tailer (or I-tailer or whatever the latest jargon might be). Are you looking longer term? jc

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