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Technology Stocks : Ultratech Stepper
UTEK 30.230.0%Jun 5 5:00 PM EST
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To: Andrew Vance who wrote (600)4/30/1997 12:33:00 AM
From: guido leone   of 3696
 
Professional options market makers price options by the volatility of
the stock and the supply and demand of options. When they sell
calls they usually buy stock to hedge the position. They are not
selling you calls because they don't think it is going up. Their
opinion of the direction of the stock usually has very little to do with
the price of the options.
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