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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: semi2000 who wrote (14272)4/9/2000 4:32:00 PM
From: Rick Murphy  Read Replies (3) | Respond to of 21876
 
semi,
If I'm not butting in ....

All three LEAPS are priced nearly the same when normalized for the current stock price, i.e., CSCO Leap is @33%, LU @30% and MOT @32.9%. The absolute value of the LEAP is not comparable from one to the other.

I'm sure someone more expert will explain it in terms of implied volatility (or the Greeks) but I like to keep things simple.

Regards,
Rick