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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?


To: PeterGx who wrote (7483)2/19/1998 2:44:00 AM
From: Don Earl  Respond to of 27307
 
Hi Peter,

I like the CBOE page: cboe.pcquote.com

Looking at it again, it looks like the Feb 70 and 75 calls have increased along with the 55 and 60 puts. That would still put most of the damage around 64-65. I wish there was a place to get charts and historical information on options.

There's still a large open interest on April 40 calls (5982 contracts), but they don't seem to be trading.

Looked like a fair amount of selling going on today up until the last 1/2 hour. I'd like to see a little more volume on these down days but the pattern still looks mostly OK for a short play. Stocks that are as volatile as YHOO don't seem to like to stay in these flat spots for very long. One way or the other it should break out fairly soon. The charts are a bit hard to read right now. I'd probably give it a 60-40 chance that the break out is to the down side. Whatever happens I don't think anyone that comes out ahead is going to look back at this point of the play and think of it as easy money.

Regards,

Don