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To: Andrew Vance who wrote (15895)11/24/1998 1:51:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 17305
 
SPYG

Evidently option volume is up 250% with the bulk in speculative calls.

One of those "put 5 dollar coins in the slot" plays @ Vegas and if you get lucky it pays out but the odds are always with the house. Implied Vol is high which is always an attraction for Options speculators.

McMillan tracks IV on stocks and SPYG's IV could probably be found over here;

optionstrategist.com

As for me, I prefer the relatively risk free world of trading the S&P Futures. At least I know going in that there is a sniper behind every tick.



To: Andrew Vance who wrote (15895)11/25/1998 11:05:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 17305
 
Hey buddy.

I just installed a Level II hookup and checked Rambus for perhaps the first time since we bought it last summer.

It's 87 bucks, fer God's Sake.

Okay, as I recall it was my pick so it's your turn. Do we bail out here?

I have to say, It's found money for me and I'm prone to think this is it. If I recall correctly, 87 was my target when we first spoke about it.

I love it when a plan comes together....even if I'm not around at the time.


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