Applied Micro Circuits Corp (AMCC) Message Board

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Technology Stocks : Applied Micro Circuits Corp (AMCC)

AMCC 8.450

0.0%

Feb 3 4:00 PM EST

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To: Ibexx who wrote (1699)	12/21/2001 4:54:23 PM
From: SJS	Read Replies (1) of 1805

I've also noticed that once you say "All" you're eventually going to be wrong. In countless of others this expiration, that didn't happen. SONS, for example. Call OPEN interest was over double PUT open interest, and it closed well under $5.00, thereby calling that theory into question. My comment about AMCC and PMCS was that the "penny" over makes a big difference technically vs closing it right on the strike price. On the strike, both sides get to be in the "lottery". The penny over clears the put writers completely.

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