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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (6857)9/6/1998 10:17:00 PM
From: Mark Z  Read Replies (1) | Respond to of 34811
 
Judy...

re: SLB options 'net change'

The bid is 10 1/4, ask is 11 on the Jan 2000's. The 'change' is based
on the last trade which is 10 i.e. the options upticked after the
last trade. Usually best to monitor change-in-bid/ask rather than
change-in-last-price with volumes like these.

Bid Ask Last Vol
6 6 1/2 Jan 99 5 7/8 10
10 1/4 11 Jan 00 10 26
14 1/8 14 7/8 Jan 01 14 1/2 3

Unfortunately, I don't know of a source for the bid/ask as of end of
Thursday so we don't know if the price used to determine the net
change was inside or outside the then current bid/ask. The
year-to-year changes in bid/asks don't appear unreasonable.



To: Judy who wrote (6857)9/7/1998 4:04:00 PM
From: james ball  Read Replies (1) | Respond to of 34811
 
Judy did they all trade. Often people look to the last sale and not hte bid ask. The last sale might have been days ago in leaps and not indicative of the true quote. Check it out. Tom d



To: Judy who wrote (6857)9/8/1998 2:43:00 AM
From: The Jedi  Read Replies (1) | Respond to of 34811
 
Judy, it is possible that the 3 did not trade on the same day before Friday even if they all traded on Friday. It is possible that the Jan 1999 and Jan 2001 traded a few days earlier than Friday and so the net change is big, while the Jan 2000 may have traded on Thu.

Net change is since the last trade, which is not neccessarily the previous day.

Kiri