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


To: TradeOfTheDay who wrote (300)5/16/2000 8:58:00 AM
From: Poet  Read Replies (1) | Respond to of 10876
 
Bizarre, for sure. I wonder why they changed the first three letters. Probably just to mess with investors... <G>

Are you looking at selling anything into the rally? I'm setting up some sell limits in our IRA's this morning. Also looking to write some cc's.



To: TradeOfTheDay who wrote (300)5/16/2000 9:12:00 AM
From: Mark Z  Read Replies (4) | Respond to of 10876
 
TOTD -

Leaps turn into 'normal' options at a certain point and they change the root from the leap root to the standard option root. Usually this doesn't happen until the June-August time frame (depending on the cycle the option is in) so it is kind of odd that the CSCO leaps changed this early. Perhaps that happened when the last split occurred???