Lots of wins and losses all around with Minotaur getting up for a quick scalp at least. The derivatives market makers have been setting some decidedly odd prices at times, with some volatility being restored of late. It's not just the call players that have had their ups and downs. Nickoo wrote on 6/9/02 "I've gone short BIL again today. Bought BILVI (Sep $7.00 puts) for 19c. Wish me luck!" and as anyone who follows options will know, they dropped to as low as 3.5c in under a fortnight, before rebounding some what. Quite a ride and ironically, a worse performance than the more popular calls.
Disclaimer: I don't own any of the securities mentioned.
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Anyone still riding the options?, page-5
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