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To: thebeach who wrote (7910)11/26/1998 8:18:00 AM
From: Doug  Read Replies (1) | Respond to of 18016
 
thebeach: From a T.A's perspective, its strange that ASND& LU should have a steady gentle rise and NN a spike move on what is apparently the same overall news.




To: thebeach who wrote (7910)11/26/1998 8:28:00 AM
From: Doug  Read Replies (1) | Respond to of 18016
 
thebeach: I trust you are an options trader. If so, you will understand that in very volatile stocks, the option Call is often used as a hedge against a short position.

It is a strategy that reduces the risk.