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Technology Stocks : Ascend Communications (ASND)
ASND 208.64-2.0%Jan 8 3:59 PM EST

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To: Carl R. who wrote (8301)8/11/1997 12:11:00 AM
From: MtnMan   of 61433
 
Carl- Ditto the thanks for your series of postings on options. I'm curious about your comments related to the following;

>>>>Thus they probably don't buy 2000 of the same call, they probably buy 10 here, 20 there, some August, some Oct, some Jan, some LEAPs, some 40's, some 50's, some 60's, etc. That way they can pick off the maximum number of individuals.<<<<

The theroretical buyer is just spreading out his buys not to be obvious, so he doesn't run the price up on himself? Right? Picking off the maximum # of individuals same concept? Thanks -Neal
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