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Technology Stocks : Ascend Communications (ASND)
ASND 197.70-4.5%2:50 PM EST

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To: Jeff Jordan who wrote (21246)11/5/1997 9:37:00 AM
From: Chris Chandler   of 61433
 
Option Parity for Nov. and Dec. is $35. Not that the price will make it up to $35, but that is currently the price that the stock would need to close near for the majority of options (calls and puts) to expire worthless in those months. Of course, parity can/will change as people open/close positions, but it would be nice if ASND would make parity in either month. I'm not holding my breath though (just some Mar 45 calls I got when the price was about $33). Silly me.

The site webbindustries.com gives option parity.

Chris
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