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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: RocketMan who wrote (5179)3/17/2000 11:52:00 AM
From: Jill  Read Replies (1) | Respond to of 8096
 
Interesting play. I know you generally do well with puts. Where was the rumor, tho? I hadn't seen it recently (a while back yes)



To: RocketMan who wrote (5179)3/17/2000 2:06:00 PM
From: RR  Respond to of 8096
 
Rocketman:
I'm bullish on CREE and hold Sept calls. I'd mentioned on some thread awhile back that many of the Sept ITM calls sure had a low premium. I have not studied the June calls.
FWIW.
Rick



To: RocketMan who wrote (5179)3/17/2000 2:53:00 PM
From: MMK  Read Replies (1) | Respond to of 8096
 
RocketMan,

I am new to options and am wondering why you bought June 240 calls on CREE. I thought that with calls it was best to get them at or just in the money. I see that others one this thread buy calls that are deep in the money as well and far out in months as well. Any comments you or anyone could offer would be appreciated.

Thanks...MMK