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Technology Stocks : Source Media SRCM -- Ignore unavailable to you. Want to Upgrade?

To: Ellis Rudman who wrote (593)7/25/1998 3:03:00 PM
From: Phil(bullrider)  Read Replies (1) | Respond to of 3015
 
Ellis,

I don't deal in options, commodities, futures or any of the more speculative possibilities.

I strictly buy, or in the case of SRCM, short, stocks.

Trying to determine where the price of a stock is going based on where the options are trading, IMHO, is almost like trying to use T/A for the same thing.

Good luck, and have fun,
Phil



To: Ellis Rudman who wrote (593)7/25/1998 5:43:00 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 3015
 
A:Because every dodo on day-traders-online and the yahooligans are buying the volatility that the options traders are more than happy to sell them given the price that they are willing to pay. Not a small part of that willingness comes from the knowledge of which MM's are spreading this vile rumor. Seen any SERPents in the garden of evil?

Q:"why do you suppose the calls are trading at such a premium?"


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