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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Harry Ehrlich who wrote (22300)11/10/1997 11:32:00 AM
From: Greg Jung  Read Replies (2) | Respond to of 61433
 
Harry, my interpretation of implied volatility is just that the options are overpriced (highly valued, if you will). Investors -still- want to make a big-time bet on the stock price and after a big fall of a previous favorite, premiums are hefty because money is going down the drain into them. After the price has been down at these levels for a short time, IV's will normalize.

Greg