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Technology Stocks : Cabletron Systems (CS: NYSE)
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To: Tim Luke who wrote (6796)9/8/1999 11:31:00 AM
From: R.E.B.  Read Replies (2) of 8358
 
OPTION ALERT ON CS

2,300 contracts for the Sept. $17 1/2 CALLS. One buy alone was 2,000 contracts on the philadelphia exchange. That's an incredible amount given the short time-frame until the options expire. Over 3,500 contracts traded for the Oct. $20 CALLS which is 3 TIMES the open interest as of this morning.

Something's goin' on here !!!
*EDIT* Make that 2,500 on the SEPT 17 1/2 and 4,600 on the OCT 20.

*EDIT AGAIN* Make that 5,600 OCT 20s
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