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Technology Stocks : SONS
SONS 7.830+2.8%Nov 28 4:00 PM EST

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To: TShirtPrinter who wrote (637)9/5/2006 8:16:08 PM
From: Cooters   of 1575
 
Very interesting, I checked earlier in the day for options activity and that wasn't there. Open interest was 25,598 so the first thing we want to check tomorrow is if those were opened or closed. If you have a way of telling a few additional items like did they go at the bid or ask and was it one big transaction or not, that can also help trying to decipher what might have happened.

One interesting item, SONS has managed to crush the $5 calls monthly for a long time, usually for 20K+ contracts. I got sucked in 5 times<ng> While Oct is moving up, September is unusually light on the open interest. Maybe a contrarion indicator.
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