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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 178.76-1.9%1:47 PM EST

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To: Voltaire who wrote (54740)12/17/1999 1:20:00 PM
From: Jim Willie CB  Read Replies (2) of 152472
 
my experience with options expiration day

if a mini-trend shows itself just prior to options expiry
then the houses will force the stock in opposite direction at expiry

this causes the maximum pain, leads to biggest surprise
and results in maximized profits on option positions

I think we end up today, hard and fast like yday again
this would counter the mini-selloff from 435 to 405

November options expiry was a big fat yawn, quizzically

call me lucky, just dont call me Ishmael

/ Jim
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