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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 4,690-2.0%3:59 PM EST

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To: TAPDOG who wrote (1852)9/17/1999 9:22:00 AM
From: AT7  Read Replies (1) of 2743
 
<<Regarding the 1,000 contracts, you should not assume that someone bought these contracts. Someone could just as easily have sold these to let them expire worthless.>>

>>I can't help but ask: If someone sold these contracts, who did that person sell them to? There are no buyers without sellers and vice-versa.<<

Tapdog,
The specialist who makes the market for this stock has to take the other side of the trade. The only issue is the price and the size of the trade. Sizing limits are published numbers when the option is listed.
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