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To: wbASSETt who wrote (1904)8/27/1999 1:57:00 PM
From: Mark Peterson CPA  Read Replies (1) | Respond to of 3418
 
When I saw the action in the out of the money options, particularly the buys, it suggested to me that someone has taken more than a casual interest in this stock.

I'd hazard a guess and say that some day traders are going to exit this stock and take their profits home for the day.

But the bigger picture leads me to believe it's OK to be long, particularly at these levels.

I'm having a devil of time, though, not selling calls at that high volatility. It's real tempting, but I think there may be a story behind the action.

Mark