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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-87.0%Nov 7 11:47 AM EST

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To: luther yow who wrote (32165)6/25/1999 10:25:00 PM
From: schlep  Read Replies (2) of 45548
 
hey luthur,
regarding the ~1400 July 30 calls volume today, could you explain your explanation of "more likely a MM covering shorts?

Why would a MM covering shorts buy 30 strike calls when he could buy the stock for ~$27 instead of the 30 strike?

thanks
schlep
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