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

To: Poet who wrote (9296)	1/25/2001 9:07:27 AM
From: johnsto1	Respond to of 10876

fwiw Actually I purchased the FEB 95 calls Monday at noon,when EMC was trading at approx. $74. The stock moved as far as $80 Tuesday and $82 Wednesday and all 5 exchanges had changed their pricing significantly. I've never seen it this rotten before. The only explanation I can guess is the MM's had a "Earnings" volatility built in until Tuesday am but it really stinks 4-5 weeks out from expiration. I've moved out of them but it was so bizarre I thought I'd pass on the information. thanks for you reply