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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (39649)4/15/1998 8:27:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
Some Guru

I don't even know what exchange it trades on during regular hours. I'm guessing at the symbol, ND8M, up 950 basis points? I guess that qualifies for flying, alright.

L. McMillan points out that yesterday produced the most active option speculation day ever, with 123 stocks having more than double their average option volume. He continues on to say that most of this volume was of a speculative nature only, showing not even the remotest look of insider buying. He says the High Volatility list is so long it's become ridiculous, but with ACTUAL deals occurring it is somewhat justified.

I have to go over some commentary; I suppose INTC reported great earnings or something or other to affect the Globex Nasdaq. The SP8M is up as well, but the bond is marginally off.