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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: Tom Swift who wrote (12130)6/30/2004 6:17:20 PM
From: ALTERN8  Respond to of 12872
 
IOM went from 4.5 to almost 6 on no news recently. I made good money on that with calls. RFMI has no options, so I've been buying below $8.

I pretty much prefer to only play with options if I can. On Friday and Monday I was buying T '06 calls with no premium factors: strike price of 10, paid 4.7 per contract while it was trading at 14.7, this was a steal for calls that don't expire until Jan'06, a no brainer IMHO. The premium has slowly been coming back into these calls as they were asking 5.1 for them at the close today with T trading at 14.6!