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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (33730)1/21/1998 12:08:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
Electricentricities...

You and Kevin brought my attention to this IBM thing. Kevin has the best strategy by shorting...but I cant dont that. So I will buy calls.

I dont think March is necesssary. You still have until Feb 21..

Chris Chang indicated that the bottom of the channel was around 99. Now let me ask you this...I am "reading your words"...why are you so sure it will go back to the channel...You have been following this forever...so tell me why.

And I agree with you ..make it a Chicken trade..but one with a point.

If it stays true to trend a point should be good.

So you are saying the gap down is the time to buy because you think it will rebound....Hmmmm......I wonder how low it would have to go before Don would say that it isnt a Class one buy.
Be sure to yell at me tomorrow

btw, did you read that forbes article...read it for what it says...and read between the lines..about manipulation!

I cant wait to see what the pit guys do with these calls....if I was a pit guy..I watch TA...I know IBM is going back up..and my premium is going to show it...

but then I can be a barracuda...maybe the IBM pits guys are angels...



To: Electric who wrote (33730)1/21/1998 12:41:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
E.

when I use the default settings on Stock smart for Ibm calls..WHOA they are undervalued

105calls 57/8 bid...fair value...10.528

110 call bid 3 1/8...fair value 8.012

I wonder if there is a mistake somewhere here

the underlying price they show for IBM is 108 3/8