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To: E.J. Neitz Jr who wrote (34303)11/6/2001 10:07:04 AM
From: Kelvin Taylor  Read Replies (1) | Respond to of 53068
 
so if ML is right why you not buying?

just remember they(ML) can change their minds any time due to "uncertain economic conditions"



To: E.J. Neitz Jr who wrote (34303)11/6/2001 11:14:09 AM
From: BWAC  Read Replies (1) | Respond to of 53068
 
Apparently lots of calls being sold on CSCO? I had a November 15 Covered Call from 2 weeks ago. The time premium was about $1 back then. Today it was 8 cents, with 8 more trading days to go and a Fed meeting decision which should have left some time value for anticipated volatility. But nope. Just 8 cents. Sold out the stock for $18.42, and bought back the Nov 15 calls for $3.50 at the same time. Makes me think there are a lot of sell interest on CSCO calls.