SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 277.23-0.3%Dec 9 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: soup who wrote (11231)4/14/1998 10:08:00 PM
From: George von Dassow  Read Replies (1) of 213176
 
5) He also said, somewhat amazed, *that he had never seen an open interest this large.*

Huh?! Did he mean he'd never seen that much for AAPL, or in general? If the latter, he must not only be young but also unfamiliar with heavily optioned stocks. CPQ, for example, has many many times the open interest of AAPL. Second, my experience with options is pretty thin, but I have *definitely* had a hard time getting the intrinsic value of an in-the-money call. I had that experience today with IP April 50s, even though at the end of the day the calls finally traded at their intrinsic value.

- George
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext