3Com Corporation (COMS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

-18.8%

Nov 7 11:47 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Beachbumm who wrote (10614)	11/21/1997 6:35:00 AM
From: santhosh mohan	Read Replies (1) of 45548

<<"The sale will be made by the MM who now has a short position." You can't be certain that the MM is really on the other side of this position. Just because it's a new contract doesn't mean that the MM isn't matching up a writer/buyer. But, okay, let's say that in order to make the market the MM takes the other side. He is certainly not short. He already has the shares or will immediately acquire them so as not to be short.>> Remember this is a dealer market, not an auction market like NYSE. All trades go through the MM. By short position, I am referring to writing or selling the option contract. This may last only momentarily if a third party (fred?) wants to write the same position and sells to the MM. Here the MM profits from the spread. Your count of the OI is incorrect.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next