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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: BelowTheCrowd who wrote (844)4/27/1999 4:24:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 10293
 
I shorted a bunch more ZONA when it was last trading in the low 30s.

The stock is very squeezable and volatile (obviously); however, this has sent option premiums through the roof. Interesting strategy you could employ is to short into these interim jumps (what's probably causing it is forced buy-ins) and sell the june puts with the closest strike as a hedge.