Stock Attack -- A Complete Analysis Message Board

STOCKTALK

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.

Strategies & Market Trends : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TradeOfTheDay who wrote (1643)	6/13/1997 5:45:00 PM
From: Sonki	of 42787

something is going on at wcom..... But a large trade in WorldCom Inc (WCOM) options at the Pacific Exchange was a highlight, the traders said. The WorldCom June 30 call traded 17,800 contracts and the June 25 call traded about 10,325 by afternoon. A market maker in the options said an investor was putting on a position, selling the June 25 calls and buying the June 30s in a three-by-two ratio. WorldCom shares were up 5/16 at 29-7/8 after reaching a new high for the year at 30-1/16. ``It's pretty optimistic,'' the market maker said of the options play, which has just a week to be profitable as June options expire at the end of next week. He added that other than the big WorldCom trades, activity was relatively quiet.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next