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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (30493)12/5/1997 2:51:00 PM
From: Muizz M. Kheraj   of 58727
 
Guys,

I'm holding this particular option, so that's why I'm posting this, but it seems as if someone got very bullish on this market. For days, the SXBLM (SP 500 Dec 965 Call) has been very inactive, because it's so far in the money. I picked up a position yesterday and then today, after having a volume of just 1 (one) all day, someone has gone in and taken a 600 contract position at 28 1/4 (ask). That's close to 1.7 Million dollars being bet on this market going up!

Muizz

Oh yeah...also looking at CTXS & PSFT...what is everyone's opinion's on these two positions?
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