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


To: Electric who wrote (44481)6/2/1998 9:40:00 PM
From: ratan lal  Read Replies (1) | Respond to of 58727
 
Electric - i do use prem all the time. I know the approx FMV at any given time and futures trade around the FMV. But they go out of whack every now and then and you know for sure something happened or is about to happen.

I could post it but the action is so fast (and often they 'overshoot' and expand like a rubber band) that it gets over within a few minutes and futures then snap back and trade around the FMV by either the SPX moving towards the futures or the futures moving towards the SPX.

I will attempt to post whenever I dont trade or post asap after I have entered my trade.

ratan



To: Electric who wrote (44481)6/2/1998 9:45:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (3) | Respond to of 58727
 
this action is QUICK
and not only do you have a timing problem in getting the confirms back
but you also have to pick the right stock
not all stocks go down on a sell program
AND if you are dealing with the option and not the stock
you have to deal with how much does the option go down versus the stock...
and the spread
etc...

but let us know how it turns out...

seems like you need MULTIPLE sell programs in order to have enough time...

+Leo Oorts (1572 )
From: +Sire
Tuesday, Jun 2 1998 9:31PM ET
Reply # of 1578

Actual Support Stories

1. Compaq is considering changing the command "Press Any Key" to "Press Return
Key" because of the flood of calls asking where the Any key is.

2. AST technical support had a caller complaining that her mouse was hard to control
with the dust cover on. The cover turned out to be the plastic bag the
mouse was packaged in.

3. Another Compaq technician received a call from a man complaining that the system
wouldn't read word processing files from his old diskettes. The customer had stuck
labels on the diskettes, then rolled them into the typewriter to type the labels.

4. Another customer was asked to send a copy of her defective diskettes. A few days
later a letter arrived from the customer along with photocopies of the floppies.

5. A Dell technician advised a customer to put his troubled floppy back in the drive and
close the door. The customer asked the tech to hold on, and was heard putting the
phone down, getting up and crossing the room to close the door to his room.

6. Another Dell customer called to say he couldn't get his computer to fax anything.
After 40 minutes of trouble-shooting, the tech discovered the man was trying to fax a
piece of paper by holding it in front of the monitor screen and hitting the send key.

7. Yet another Dell customer called to complain that his keyboard no longer worked.
He had cleaned it by filling up his tub with soap and water and soaking the keyboard for
a day, then removing all the keys and washing them individually.

8. A Dell technician received a call from a customer who was enraged because his
computer had told him he was bad and an invalid.The tech explained that the computer's
bad command and invalid responses shouldn't be taken personally.

9. A confused caller to IBM was having troubles printing documents.He told the
technician that the computer had said it couldn't find printer. The user had also tried
turning the computer screen to face the printer but that his computer still couldn't see the
printer.

10. An exasperated caller to Dell Computer Tech Support couldn't get her new Dell
Computer to turn on. After ensuring the computer was plugged in, the technician asked
her what happened when she pushed the power button. Her response, I pushed and
pushed on this foot pedal and nothing happens. The foot pedal turned out to be the
computer's mouse.

11. Another customer called Compaq tech support to say her brand-new computer
wouldn't work. She said she unpacked the unit, plugged it in and sat there for 20
minutes waiting for something to happen. When asked what happened when she
pressed the power switch, she asked What power switch?

Sometimes, Computers and people don't mix



To: Electric who wrote (44481)6/2/1998 9:55:00 PM
From: Mark Myword  Read Replies (1) | Respond to of 58727
 
>>> PREM goes up 2 over cash that buy programs arent going to hit, and it can reverse as fast, but I think it is a tool that can make alot of $$$$$ <<<
Electric - just exactly what is this PREM indicator ? Where do you find it ? Sounds interesting , thanks.