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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Tech Bull who wrote (16528)5/21/1999 12:18:00 PM
From: Alok Sinha  Read Replies (1) | Respond to of 64865
 
Every option expiration week I am amazed how shares of large cap stocks migrate to the exercize price that results in most contracts expiring worthless (Ben's Max Pain point). I bought some 62.5 May puts a few days back based on the expectation that the stock will migrate to 60 (I believe That is what the Max Pain Analysis was showing). Sold today for a 150% gain. (I guess not really a gain because the value of my SUN shares are down by more, in dollar terms).

Regards

Alok




To: Tech Bull who wrote (16528)5/21/1999 3:49:00 PM
From: Tech Bull  Read Replies (2) | Respond to of 64865
 
My answer to my $60 question earlier ...

... if you haven't seen it. Amazing!

ez-pnf.com