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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?


To: Madpinto who wrote (590)1/23/1998 4:40:00 PM
From: The Perfect Hedge  Read Replies (2) | Respond to of 2241
 
Micheal-
Could you tell me if this transaction is bullish or bearish?
EVI is at 39 1/2 stock price.200 Feb 75 put contracts are sold at 34 1/2?Why buy so far out of the money?Keep in mind that there was no open interest before this transaction.GD