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Technology Stocks : Ascend Communications (ASND)
ASND 199.62-1.4%3:38 PM EST

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To: AlienTech who wrote (12240)9/13/1997 12:12:00 PM
From: j g cordes   of 61433
 
AT.. part of the selling pressure undoubtedly came from the call buying. The mm's have to offset the risk by selling stock against the created call, they're not going to assume that risk themselves. Look at the volume that came in relative to puts. In the October series approx 10,000 calls vs 3000 puts.
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