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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (45396)4/8/2000 12:22:00 AM
From: Les H  Respond to of 99985
 
Dow 16,600 - Cyclical and Small Cap Melt-Up, Not in your Hands - Wolanchuk

stockhouse.com



To: Les H who wrote (45396)4/8/2000 10:05:00 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 99985
 
Les, the IV is shrinking so fast that I am not sure how profitable it is to be long option in general.

April 5 was a top in IV I think,(it reached 90% to 100% for some tech stocks) and I gained about $100 per pair (for $7 stock option value) per day just by watching.

I only can assume that OEX are even more volatile.

BWDIK
Haim