SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 206.13-4.1%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chung Lee who wrote (1589)7/20/2000 12:27:20 PM
From: kash johalRead Replies (4) of 275872
 
Chung,

Here are the numbers from Schwab:

JUL 35 642
JUL 37.5 168
JUL 40 2,037
JUL 45 966
JUL 47.5 93
JUL 50 1,495
JUL 55 518
JUL 60 3,248
JUL 65 647
JUL 70 4,556
JUL 75 2,551
JUL 80 13,935
JUL 85 6,636
JUL 90 12,008
JUL 95 12,403
JUL 100 7,821
JUL 105 4,071
JUL 110 2,370
JUL 115 3,182
JUL 120 4,106

It seems pretty clear that keeping the price below $90 is a huge win for call writers.

Basically 40,000 contracts are at 90 and above representing 4M shares.

Thats a pretty big downward force on the stock till monday.

regards,

Kash
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext