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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: WebDrone who wrote (7359)3/25/1999 9:40:00 PM
From: Keith Lenart  Respond to of 18998
 
> I'm not sure if this stock will go up or down first, but volatitlity seems certain!

I thought about options too, but premy is so $$$ and I don't want to pay both ways to play....

I think it will go up *AND* down tomorrow (possibly several times). If you straddle, you may want to scalp gammas by delta neutralizing after each swing. However, watch out for the volatility implosion if we should happen to stabilize at these levels!