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To: IceShark who wrote (81685)3/16/2001 3:46:22 PM
From: Lucretius  Read Replies (2) | Respond to of 436258
 
LOL!!

they got june 10 puts? -g-



To: IceShark who wrote (81685)3/17/2001 2:47:31 AM
From: Bill/WA  Read Replies (1) | Respond to of 436258
 
Ice,

you just gave me an idea, your opinion?
<< The options are likely mucking up the close at the 40 strike as they unwind.>>
after many futile attempts at putting POS, I decided to got to 02 leap puts - 12.5 and 30, for a varity in strikes.
bought the 30's when POS was at $46.40, so far the prem has gone from 4.40 to 4.80-5.20 today.

now, with the dump in progress, might it be a good time to grab a few more of the 02/30's. surely, 9 months ought to give the street enough time for manipulation in order to unload their holdings, eh?

Bill/WA