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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (4367)12/3/1997 2:48:00 PM
From: Big Dog  Read Replies (1) | Respond to of 95453
 
Glen, I just eat at restaurants...I buy OIL.

Looks like a big chunk of puts on that stock. Could be hedging, who knows. Someone could have put on a straddle just betting on volatility.

If it feels right -- do it.

(Thanks for watching FGII. Those Dec 35's should be nice and fat tmw.)