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To: im a survivor who wrote (8756)7/30/2001 1:35:58 PM
From: gingersreisse  Read Replies (1) | Respond to of 10934
 
Looks like the call action is in the August 12.50 for 90 cents, and the put action is on the SP 10 @1.15. Many positions have no action and very little open interest.

The mood on options is pretty bleak and premiums are disappearing. Typical end of the world view. That could be a nice opportunity for a long horizon investor. Even eight months out, a deep in the money march 02 $10 has a premium of $1.75.

GSR