Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: chic_hearne who wrote (102508)	4/6/2000 12:44:00 AM
From: Charles R	Read Replies (2) of 1575980

chic, <This test of the 65 level came around 1:00 p.m. EST. Around 1:30 p.m., options players began to place bets that the stock can?t make its way higher, as they dipped into the April 65 put. Currently, the volume at that strike is at 2,193 contracts on open interest of a mere 132 contracts.> Fascinating theory! I just checked and I see 6805 Apr 65 put contracts traded today. The next highest volume is on Apr 60 calls with a volume of 2891. The relative volume on this puts is HUGE! That's some serious stuff! Can the options pros on the thread shed some light into this? Thanks.

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