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To: dumbmoney who wrote (32754)5/3/1998 12:54:00 AM
From: Chas  Respond to of 53903
 
I do buy the stock sometimes instead of calls but always buy puts when I short. For whatever reason, I have been doing alot of Puts over the past two months.



To: dumbmoney who wrote (32754)5/3/1998 12:40:00 PM
From: John Graybill  Respond to of 53903
 
This stock moves so spastically that you can double your money overnight. Or watch it get cut in half, of course. I'm making up a little web page that will show MU's price variation over each option period. It's surprising how often there's a big fat option play in the last two weeks of the period, and how often the stock closes within an eighth or so of a strike price. A violent breakout of the contracting triangle will come right on schedule, but it's just another month for MU.