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Technology Stocks : IFMX - Investment Discussion

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To: Sycamore who wrote (12348)11/14/1998 7:05:00 PM
From: view  Read Replies (1) of 14631
 
From what I see, there is a large open PUT position for Nov 5 (27000+ contracts, and about 22000+ Call open positions).

This tells me it is unlikely that the stock to fall below $5 by 11/20.

There is also heavy option buying in Jan 10's Calls.

Overall the option trading has turned more bullish (more calls) than last 2 months.

So I support the fact after this Nov option expirations, we should see higher prices for IFMX (provided no bomb shells from the company).

Just my taught.
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