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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: Boplicity who wrote (44483)10/13/1999 12:07:00 PM
From: Gabriel008  Read Replies (3) of 152472
 
Gregory, do you remember the "maxpain" guy that used to post on the DELL thread? It was interesting that the market would take the stock down to a level that minimized the payout by the market makers at expiration. It's also worth noting that based on October's open interest on both puts and calls Qcom's maxpain level is somewhere between $200 and $210 - exactly where the mm's brought it down to this morning. I wouldn't be surprised if Qcom closed off at $200 even by Friday [options expiration] only to take off like a rocket come Monday when the pressure's off.

regards, Gabriel
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