Ascend Communications (ASND) Message Board

STOCKTALK

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 : Ascend Communications (ASND)

ASND 207.04

+0.7%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: James A. Shankland who wrote (14598)	9/26/1997 7:00:00 PM
From: A. Fineigler	of 61433

Open interest on those leaps in only 84, although 1060 traded today. I think that means that someone was buying back puts they had previously sold naked. Or to put it another way, the seller was disposing of puts previously bought (not selling naked), and the buyer was buying puts s/he previously sold naked. Maybe they were sold when ASND was at 32 and this is profit-taking. Any other interpretations of the open interest of only 84 ? AF

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next