SI
SI
discoversearch

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.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: Foo Bar who wrote (50896)4/16/1999 3:45:00 PM
From: HG  Respond to of 164684
 
It will TEND towards 95. May not necessarily reach it. Last month also it tended to 100 but never quite made it. closed at 104+.




To: Foo Bar who wrote (50896)4/16/1999 3:53:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
106 1/2 doesn't seem to be the bottom to me. I'd put limit order in at 95

That clearly was not the bottom.



To: Foo Bar who wrote (50896)4/16/1999 9:25:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 


Why Are These Options Spreads So Wide?

Recent bid-ask spreads of widely traded Amex options on Apr. 12

COMPANY TYPE OF OPTION BID ASK SPREAD

AMAZON.COM APRIL '99 190 CALLS 4 5/8 5 8%
BELLSOUTH APRIL '99 42 1/2 CALLS 2 2 1/4 13
ELI LILLY APRIL '99 85 CALLS 5 1/8 5 5/8 10
INTEL APRIL '99 55 CALLS 6 3/8 6 7/8 8
LUCENT APRIL '99 52 1/2 CALLS 6 3/4 7 1/4 7
MERRILL LYNCH APRIL '99 95 CALLS 5 1/4 5 3/4 10%
MOTOROLA APRIL '99 80 CALLS 21 1/16 21 5/16 9
PFIZER APRIL '99 145 CALLS 5 3/8 5 3/4 7
PHILIP MORRIS APRIL '99 35 CALLS 1 1/16 1 1/4 18

DATA: BLOOMBERG FINANCIAL MARKETS