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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%Nov 13 3:59 PM EST

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To: Ibexx who wrote (73782)6/14/2000 3:46:00 PM
From: S100  Read Replies (2) of 152472
 
Re - As I indicated more than a week ago,
the very large open interests of June
calls (strike
70, 75, 80) really hurt the stock
price on the short term.
---

I see posts on "Massive Put buying" but
looking at the options vol today, seems
like there are a lot more calls than puts

June00 Calls Puts
70 1395 3678
75 6296 3828
80 8835 1955

Question How do calls hurt the price?
and what does todays action mean?
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