Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Bill/WA who wrote (39824)	12/18/1998 4:32:00 AM
From: Skeeter Bug	Read Replies (2) \| Respond to of 132070

>>MB, Been trying to figure the rhyme and reason of the price movements of options, here goes: Have been holding NVLS puts (NLQOH)Mar 40's On 12/16 NVLS drops 3 7/8 MAR 40 (NLQOH) bid-2 7/8 ask-3 1/4 last-1 13/16 chg-0 On 12/17 NVLS goes up 3/4 MAR 40 (NLQOH) bid-2.5 ask-2.875 last-2.5 chg-+0.687 So, on the 16th the stock drops almost 4 however the Mar40's don't move. Then on the 17th the stock pops up 3/4, the 45's & 50's don't move, however the 40's move up 5/8's.???????<< bill, options often don't trade as frequently as stocks and their swings are greatly exaggerated (read, the last trade can be real old and much different from the current bid/ask). the bid on the 16th was $2 7/8. it dropped $0 3/8 to $2.50 on the 17th when the stock went up. the $1 7/8s was a trade that happened long, long ago in galaxy far, far away. it could have occured several days or even weeks ago. hope this helps.