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Technology Stocks : Ascend Communications (ASND)
ASND 215.19+3.0%3:59 PM EST
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To: dougjn who wrote (8822)8/13/1997 4:59:00 PM
From: Carl Zbad   of 61433
 
<< 2455 puts expire worthless if S of 45; only 128 calls in money if north of 40. >>

Did you look at the 50s and 55s as well. I haven't been able to get into the CBOE quotes page all day, and E-Trade gives different numbers for OI. But unless OI has changed alot over the last couple of days, I still think 45 is the magnet price.

Regards,
carlzbad
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