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Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?


To: LABMAN who wrote (9880)12/13/1999 8:14:00 AM
From: Green Receipt  Read Replies (1) | Respond to of 13953
 
In the long term, the price will be much higher and probably the shares will have been split.

But as for today.

I suspect the price will go down.

But I'm not going to sell today or anytime in the near or distant future.



To: LABMAN who wrote (9880)12/14/1999 9:20:00 PM
From: Scott Violette  Read Replies (3) | Respond to of 13953
 
Labman,
I wish that EGRP would go to $40 also but, there are a lot of options that have to unwind in the next three days.

There will be tremendous pressure to hit $35 or $30 by Friday to cancel out and unwind most of the options expiring. Based on today's action, it looks like $30 but, ..

If there is no story or big news event, option expiry will be the "tail that wags the dog" for EGRP trading going in to Thursday PM and Friday. Use it to your advantage. Buy if you think EGRP is low due to options pressure.

EGRP's options are juicy. Is there anyone out there selling or buying them?