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To: Chris who wrote (7268)3/23/1998 12:39:00 PM
From: ViperChick Secret Agent 006.9  Respond to of 42787
 
maybe

depends on where he got in....it takes some movement to really move those options

the 330 put has been 5 1/2 to 6 1/2 today last time I looked

just saw that it got up to 338
could very easily go back up there or or down to 330

i have seen 7 point moves all over the place..up down and all around

I dont guess you would know what point would indicate a sell signal as in to buy puts....

i know you often say a sell signal can mean not go anywhere...but WFC usually has got its bags packed and rides the volatility train