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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (519)	1/21/1998 1:39:00 PM
From: Broken_Clock	Respond to of 2341

scotty, Good! I have 20 Apr 17's Dave

To: scotty who wrote (519)	1/21/1998 1:45:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 2341

scotty- Wow! 3038.That's some serious volume.Think that short squeeze is on? Dave I guess 20 ain't a lot when you look at 3000....

To: scotty who wrote (519)	1/21/1998 3:14:00 PM
From: RSAMBER	Read Replies (2) \| Respond to of 2341

Greetings!!! Iam Ron Samber fron Anchorage Ak. I have followed your comments with great interest since xmas '97. I recently bought dis feb puts at the right moment and sold same for a 100% gain.Great fun!! Also followed you all into intc puts which are fareing poorly. Still have 4 weeks... I bought IBM puts yesterday when IBM hit 108. Got feb 95 puts @ 7/8. Placed order to sell @ 2. I think it's now worth more but will stick to plan. IBM has DROPPED LIKE A STONE TODAY! Currently @ 100 ish. I assume news but havent looked yet. If you know why, pls advise. As of now both puts and calls for feb and for april are about a point lower than they were on feb 12 when IBM was @ 1001/8. Feb can be explained by less time but not April. Barring discovery of news or sound advice which results from this post, I will buy some(under priced??) IBM calls. I would also be interested in opinions on ethan allen (ETH) which has been rising and falling between about 32 and about 40 and which has shot strait up in a few days from about 36 to about 50!! I can't find any news. In my limited experiance, this sort of strait up shot usually falls back. Bought may 40 puts @ 11/2. They have fallen in price since I bought them. To anyone who has not figured it out: I am somewhat new to options. Please keep that in mind when evaluating my contributions. If you choose to communicate with me, be aware that I do this in the AM and again in the PM. That would be around noon on Wall st and again 8 to 12 hours later.