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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (1036)9/13/2000 5:06:45 PM
From: rydad  Read Replies (2) | Respond to of 65232
 
Hi Everyone,

Could someone explain something to me? If Rambus is going to $200, $300 or $400 by Jan 01, is there a reason everyone seems to be buying Jan 100 or Jan 120 calls? They are currently about $10. Why wouldn't I buy Jan 135 calls for about $5.5, then I could get twice as many calls?

Thanks for your help.


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