AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 24.25

+1.6%

Dec 12 9:30 AM EST

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To: M. Frank Greiffenstein who wrote (23908)	7/25/2000 3:27:50 PM
From: ahhaha	Read Replies (2) of 29970

Louis doesn't know what he's talking about. He doesn't know that one seller is significantly grabbing the volume. He doesn't know who is on what side, that is, he doesn't know that the public is shorting puts to the MMs. It could be and likely is that the public is buying puts betting on the downside which forces the MM to short to them. In any event it doesn't matter in the least who is on what side and it doesn't matter how much is being done. Institutions who are long or short could be trying to use the options market this close to expiration to hedge as dumb as that is. Who will give you cheap premium for your hedge?

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