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Technology Stocks : Ascend Communications (ASND)
ASND 206.52-1.2%3:59 PM EST
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To: Douglas V. Fant who wrote (21219)11/5/1997 12:44:00 AM
From: john dodson  Read Replies (1) of 61433
 
Hey, Anyone notice that Nov 25 calls are still 2 bucks! Even
with a close just above $25, and expiration in a little over
2 weeks, these things STILL closed at $2.

Having written some for $5 last week, I really want to close out,
but $2 is a bit high. What gives? Someone doesn't want that
option to lose its value. Maybe someone knows something?

I could risk getting exercised, but I think the chances are pretty
high of that happening.

-John Dodson
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