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 (106954)	4/20/2000 11:31:00 AM
From: that_crazy_doug	Read Replies (1) of 1574761

<< With "Max Pain" being significantly lower than the current $77, what does this mean for the stock? To me, it signals that once we get through the expiration we may not get another chance to buy AMD below $80 until after a split. >> Most people who still have options would have to exercise them and sell them today correct? I'm not sure what the open interest is, but right now volume seems light, so if 2-3 million shares need to be sold due to cash out of options we could be in for some real trouble towards the end of the day. (my understanding of this is mediocre at best, so if I'm way off base, I'd love to get someone more enlightened to explain) Right now, the only options I have left are July 60s, and Jan 100s. I'm still hoping they create some Jan 150s or Jan 200s. On the other hand, it would seem that after expiration we should start drifting upwards. If volume stays light, it may take awhile, but a series of slow moves up seems likely. (a point or two a day unless there is big news)

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