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Strategies & Market Trends : Options
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To: Jill who started this subject11/3/2000 2:57:05 PM
From: Dave Gore  Read Replies (2) of 8096
 
Need expert to explain why over 80K contracts traded on WCOM today.

My sense is that there are tons of people who own the stock (or not) that are selling covered or naked puts, not caring whether they are forced to buy it at 17.50.

Therefore this might actually be bullish for the common.

Thoughts?
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