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Technology Stocks : Micro Linear (MLIN)?

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To: WalleyB who wrote (1325)11/18/1997 4:47:00 PM
From: Steven Hsu  Read Replies (2) of 1675
 
I believe "Jan 10 at 2" means the Jan puts with strike price of $10 were bought at $2, hence the $20,000 speculation, $200/contract x 100 contracts. So no, the buyer wasn't expecting MLIN at $2.
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