Replies to post #198217 on Wave Systems Corp. (fka WAVXQ)

[1260]

waveytrain....I am not an expert in options either. This is how I see the last 2 days. For example, I am a short who has run out of ammunition and can't get the price any lower. On Thursday I bought call options and on Friday I back away and let the stock run. I make money with the price going up. With my options in the money and everyone jumping in to buy stock, I excerise my options and start to attack the stock.

When the jumpy buyers get nervous and sell, I get the shares. The higher price I had to pay was paid by my options profit. The down pressure continues and I pick up more shares to cover my short.

I make money going up and coming down.

This is all my opinion.

1260

[lugan]

A steep rise in the number of call options is very positive in that it indicates buyers are betting on rising prices. If an increase is for put options, the bet is for a decline in share price.

I am among the buyers of WAVX call options. As noted before I like the October 2.5 calls.