Gemstar Intl (GMST) Message Board

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Technology Stocks : Gemstar Intl (GMST)

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To: capt rocky 1 who wrote (3750)	8/30/2000 8:51:45 PM
From: in_outdaily	Read Replies (3) of 6516

Bought a couple of Nov 60 puts (GSTWL) at 4 1/2 two days ago, just in case... <grin> Was looking at Qcharts just now, at it shows a trade of almost 6000 puts sold today at 4 3/8. (Am assuming 'sold') Went to check the CBOE site to see if it would confirm the volume but no such luck. I've always assumed that when an institutional player makes a sizeable bet like this, it means they don't expect the underlying to backtrack to that degree (and they usually have enough resources <read common stock> to support their bet. Anyone have another source for options volume? Am I off base in the above thinking? Bill

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