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Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?


To: Al Gutkin who wrote (4662)2/13/1998 8:10:00 PM
From: Ed Pittman  Respond to of 10227
 
Al.
Yes, I'm talking about options..Puts = you betting that the stock price will go down by a given time frame..and CAlls = you betting that the stock price will go higher..Now if that person bought calls with a strike price of $ 25..That option expires on Feb 20.. So, that person is looking for a quick pop, next week.

Ed