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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (40822)	11/11/1998 2:13:00 AM
From: Carl R.	Respond to of 53903

I looked at the options expiring in November and there aren't many call options over 40, so unless the stock falls significantly I don't options to be that significant for MU this month. There is slight pressure towards both 40 and 45, and thus these would seem to be the most likely prices for MU at expiration. Thus if the stock falls under 42.5 it will probably move to 40, but if the price remains high it would be pushed slightly towards 45. I'd say 40 is the more likely ending point at expiration, but there is a long time to go. Carl