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Strategies & Market Trends : Tech Stock Options

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To: donald sew who wrote (52677)9/15/1998 3:29:00 PM
From: waverider   of 58727
 
Don, you said:

>>>We also have to keep in mind that this is expiration week and if there are alot of PUTS, then it would benifit the big boys to artificially push the market up.<<<

This is one of these things I hear time and time again. It makes since to me because I've seen underlying stocks close right at a particular strike price on expiration more than once. However, in my naive way, I don't understand HOW the "big boys" can manipulate things so well. Could you provide some kind of explanation to me?

Thanks for your analysis. It is excellent.

<H>
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