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To: waverider who wrote (9289)1/22/1998 4:56:00 PM
From: Broken_Clock  Read Replies (2) | Respond to of 95453
 
Diamond,
For every buyer there is a seller, right?Some one bought those SLB Feb 80's. A $4 bounce in the next three weeks will give them about a 3-500% return.I don't think anyone wouls sell 80 for the low premium(Covered calls) if they thought the stock was headed appreciably lower.They would write(sell) 70's...
Dave

If Sadam tries to exploit Clinton's present weakness there could be hell to pay in the mid east...