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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Dnorman who wrote (2660)9/6/1998 5:42:00 PM
From: John Rowton  Read Replies (1) | Respond to of 18998
 
The volume on FP options is not that great. I shorted UNH a
little over a month ago, when I saw a huge increase in put
options, I bought some of them also, I did alright. I do think
that FP is a prime short candidate, especially if it rallies,
but the option activity bothers me, the number of calls, the
premium built into the calls and the lack of put volume in
relation to the calls. just something I look at before I short
a stock.