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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (4801)	10/29/1998 3:17:00 PM
From: wlheatmoon	Read Replies (1) \| Respond to of 14427

FWIW--from TheStreet.com Options in Micron Technology (MU:NYSE) reacted strangely during the past two sessions despite a strong performance by the stock, according to one options pro. The company's shares had moved 2 7/8 to 38 9/16 but options traders were still selling calls against their stock positions and buying puts. "There are a ton of buyers of the stock but timid options plays," the pro said. Volume on the November 35 puts popped through 2,400 contracts, showing that the confidence of the stock buyers didn't carry over.