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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (115904)6/14/2000 5:01:00 PM
From: Gopher Broke  Read Replies (1) of 1579899
 
Every month it is the same. From Wed to Friday of options expiration there seems to be selling of a block of 100 shares about every 30 seconds. When the volume is low this really brings the price down. You can call it shorts. I call it options manipulation. I always look to to close my options a couple of weeks before expiry.

What I am concerned about is July. We want to hold over earnings, but we only have a couple of days between earnings and expiry. All hell could break loose in that gap. I suspect that there are a huge number of July options out there waiting to be sold after earnings.

It is a real bummer, AMD moving their CC out like they did.
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