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

To: yard_man who wrote (53190)3/23/1999 6:12:00 PM
From: Michael Bakunin  Respond to of 132070
 
Premiums have come down a lot since Dell's high. I bought my Dell puts right around then, and paid for my lucky timing with implied volatilities of over 90%. Vol is down to under 70% now. I actually blame the call buyers; the only thing more powerful than fear is greed, and I think greed pumped up the vols earlier this year.



To: yard_man who wrote (53190)3/23/1999 6:41:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Tip, Are you sure you are counting the split for double contracts? Dumb question, but my Dell puts are up fairly spectacularly and I don't think I bought them any better than you did.

Retards on Parade=the blundering herd=momentum geeks=anyone I am mad at at the moment who is buying a stock I don't think should be bought. <g>


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