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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (49138)	10/10/1999 12:28:00 PM
From: Paul Verderber	Read Replies (1) \| Respond to of 53903

Larry, Yes, I'm a bit wary of options, myself. Made good money on MU the past few days, but I bet way too soon on LSI Logic going down, thereby paying a lot for the time/risk premium. But I think looking at where the bulk of open contract strike prices are may be a good indicator of where the price will end up at expiration dates. Just a theory, but worth further investigation. If I'm right, it doesn't make sense to go long or short this week too close to 70, even though longer term it should prove to be a good level to go short. --Paul