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To: edamo who wrote (112639)3/26/1999 6:12:00 PM
From: BGR  Read Replies (3) | Respond to of 176387
 
edamo,

you'll get a pop just with the "normalizing" of the volatilty

Precisely what I am patiently waiting for! This is so like last December that it is unreal. I am not sure what the inflection point will be ... but a month back the implied volatility was at 85, now it is around 55, which is good for doubling some FOTM LEAPS even if the equity price doesn't move much.

Thanks for the luck and best wishes to you too!

-BGR.