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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (31061)4/18/2000 12:23:00 AM
From: Gerald Walls  Read Replies (1) of 64865
 
So these are over-the-counter options?

I've done no first-hand research on these options and am only repeating what I've picked up from other people's post, but if what others have said is true then these couldn't be standardized options and would have to be custom contracts. I read in some financial publication (probably IBD as that's the only one I read with regularity) that there's still a fair amount of business in customized options, and there's also a whole new category of "flex" options with customized terms. FWIU, the customized options are generally non-marketable and the "flex" options are marketable in a near pink-sheet manner.

Of course, I could be wrong.
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