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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Rational who wrote (7656)2/27/1998 9:40:00 AM
From: TheBigB  Read Replies (1) of 27307
 
INterestingly the open interest only went down to 5594. That's a decrease of less than 100 !
Does this mean that the trader simply intended to cause a quick squeeze ? Then buying back 800 options when the stock was at 62/63 followed by selling again when it was 66/68 would have achieved that end. In addition, he could have dumped some stock at 66/68 as well.

So the bottomline is that neither of you guys were right.
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