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Technology Stocks : WAVX Anyone?
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To: SteelerStu who wrote (7202)5/30/1999 9:32:00 PM
From: SlateColt  Read Replies (1) of 11417
 
The example was hypothetical. As far as I know the initial prices haven't been determined. It will be interesting to see what kind of volatility the pro's assign Wave and the open interest that's available for purchase.

Wave is likely to be very volatile, so the option premiums will be high. Since I feel the Wave hasn't even begun to form, there will be no option writing by me.

Enough about options from me. Just remember, a little knowledge isn't good enough and you will eventually get burned by the pros.

---Slate
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