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

To: RR who wrote (58364)6/4/2003 8:21:15 AM
From: Fritz Hatt  Read Replies (1) | Respond to of 65232
 
RR,

I've noticed the same happened to the '04 options for the $30 strike.

I just figured that all the time value had gone out of them. Sort of like owning the stock, without getting the
dividends.

I am intrigued by your conclusion that this foreshadows
a decline in the price of MO. I don't have enough experience to interpret this phenomenon. I'm interested
in hearing other's comments on this, though.

Regards,

fhatt



To: RR who wrote (58364)6/4/2003 2:49:10 PM
From: Jill  Read Replies (3) | Respond to of 65232
 
Interesting, RR. Let us know if you get them leaps.
In the money is safest...


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