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To: Binx Bolling who wrote (3235)6/12/1998 7:53:00 PM
From: OrionX  Read Replies (1) | Respond to of 60323
 
My congratulations to the person who traded 57 June 25 Puts today. Nice Double!

THAT'S THE WAY TO DO IT! Damn, wish it was me. Next time I guess.
Don't forget, once we get to the bottom, there's only one way to go!



To: Binx Bolling who wrote (3235)6/12/1998 8:06:00 PM
From: Craig Freeman  Respond to of 60323
 
Jim, sorry to be contrary but whoever bought those SNDK June 25 puts actually lost money. Today's last trade was at 10-3/4 but today's closing bid price was only 10-1/8. The CBOE grid reports net price changes "since the last trade" and this particular option hasn't traded in a while.

Craig


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