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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: marc ultra who wrote (7432)8/3/1999 5:41:00 PM
From: MrGreenJeans  Read Replies (1) of 15132
 
Marc

Kirk re HWP:I just heard Pisani say on CNBC that someone just placed a huge bet on I believe August out of the money calls.

FWIW, without knowing if the person holds the stock long or short or already has an option position or positions in HWP the information by itself is financially meaningless. Very often huge "bets" are placed as a speculation, as a hedge, or to fully or partially offset risk that the person holds in the underlying.
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