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Technology Stocks : Novell (NOVL) dirt cheap, good buy? -- Ignore unavailable to you. Want to Upgrade?


To: Steve Fancy who wrote (20785)3/6/1998 3:52:00 PM
From: Rich Young  Respond to of 42771
 
Someone just picked up 250 puts at 1/4. Looking good for the put players....

RCY



To: Steve Fancy who wrote (20785)3/6/1998 4:17:00 PM
From: Spartex  Read Replies (1) | Respond to of 42771
 
Steve,

Maybe I just got the luck of the draw, but Schwab (web) seems to give me very good limit order execution. In fact earlier this week I was able to pick up 20 March 10 calls at the 3/8s bid (low for day) before NOVL rebounded in the afternoon taking me out at the ask 11/16s before the close. Not sure why they gave me the options, only thing I could figure out was maybe my buy actually would look like a sell and cause others to sell as well. Anyway, I guess the house was on my side that day.

Regards,

Quad-K