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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Michael Burry who wrote (7151)5/14/1999 2:41:00 PM
From: sjemmeri  Respond to of 78472
 
No position myself but

13:21 ET Borders Group (BGP) 16 14/16 +9/16 (+3%): Issue trading up 4% on the session amid rumors Amazon.com (AMZN 132 1/2 -3 1/2) may make a play for the book retailer. Volume 662K; intraday range 15 1/2 to 16 15/16.

Also, several hundred May calls traded today - I doubt if that's normal.

Symbol May-99 Bid Ask Last Vol Black
Scholes Leverage%
Trade BGPEV 12 1/2 4 1/8 4 1/2 2 3/4 0 4 1/4 34
Trade BGPEC 15 1 3/4 2 1 11/16 212 1 7/8 48
Trade BGPEW 17 1/2 1/2 9/16 5/8 234 3/8 52
Trade BGPED 20 1/8 1/4 1/8 255 1/16 18