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Technology Stocks : AUTOHOME, Inc
ATHM 23.14-0.6%Dec 17 3:59 PM EST
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To: ahhaha who wrote (23910)7/25/2000 4:45:55 PM
From: M. Frank Greiffenstein  Read Replies (1) of 29970
 
he doesn't know that the public is shorting puts to the MMs

If you mean that individual investors are writing naked put options, I doubt that. Very few investors are even allowed to write covered calls, much less write naked options. And certainly not the volume mentioned in the article.

Otherwise, I agree, who knows if this isn't some sophisticated hedging strategy vs. a bet that ATHM will go up.

DocStone
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