Replies to post #220409 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

Well, it seems that the 2:22 ramp may not amount to much (though BIIB is continuing its run..). Starting to take off few of those 2:22 gambit here, the bu$$ got taken out at $27.76 for just $.29. QLGC followed for $.13($41.33), BRCM minutes later at $38.86 ($.13) and IACI for a penny at $28.90. OVTI not much better for a dime at $25.70. BRKS went at $18.62, not even a dime. Not a worthwhile gambit I should say. SNDK got sold for a dime as well.

[marketmaven]

CFC- junk lender with Huge time premium on Jul Puts

PUT OPTIONS Expire at close Fri, Jul 16, 2004
Strike Symbol Last Chg Bid Ask Vol Open Int
60.00 CFCSL.X 0.40 0.00 0.45 0.50 0 213
65.00 CFCSM.X 0.75 0.00 0.75 0.85 0 681
67.50 CKJSP.X 0.00 0.00 1.00 1.10 0 173
70.00 CFCSN.X 1.25 0.00 1.10 1.30 0 440
71.25 CKJSQ.X 0.00 0.00 1.40 1.50 0 123
75.00 CFCSO.X 1.95 0.00 1.80 1.95 0 560
75.00 CKJSO.X 2.00 0.00 1.75 1.95 0 561
78.75 CKJSS.X 2.75 0.00 2.70 2.85 0 168
80.00 CFCSP.X 2.95 0.00 3.00 3.20 0 727
82.50 CKJST.X 3.40 0.00 3.60 3.80 0 412
85.00 CFCSQ.X 4.60 0.20 4.50 4.70 3 636
90.00 CFCSR.X 6.20 0.00 6.50 6.70 0 475
95.00 CFCSS.X 8.60 0.00 9.10 9.30 0 632
100.00 CFCST.X 11.90 0.40 11.40 11.80 5 47
105.00 CFCSA.X 15.20 0.00 14.80 15.20 0 10



Highlighted options are in-the-money.