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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: whitephosphorus who wrote (8761)1/6/2000 10:33:00 PM
From: gpphantom  Read Replies (1) of 13157
 
Don't know if this was posted. I pulled this excerpt from a link found on the RB board. It's a bullish position known as a credit spread.

An investor sold the put spread in ACTV Inc.'s January 35 and January 45 puts. The January 35 puts were at 2 3/16 on Amex volume of 2,108 contracts, compared with open interest of 246, while the January 45 puts were at 7 7/8 on Amex volume of 2,100 contracts, compared with open interest of 2,452. ACTV's stock most recently was down 6.5% to 38 9/16 Tuesday afternoon.
-Kopin Tan, Dow Jones Newswires, 201-938-2202
kopin.tan@dowjones.com
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