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Technology Stocks : Apple Inc.
AAPL 277.23-0.3%Dec 9 3:59 PM EST

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To: Don Troppmann who wrote (22006)1/7/1999 2:01:00 AM
From: HerbVic   of 213176
 
>>
Could it be that instead of 2002 contracts being bought it was in fact 2002 contracts of covered calls
being sold in anticipation of a stock price retreat and an opportunity to repurchase the calls at a reduced
price?
<<

Don, I'll have to defer this question to someone who knows more than I do about the options market. However, I can't imagine covered calls being lumped into the listing of call options contracts. Just don't seem natural.

HerbVic
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