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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: Hua Xue who wrote (10581)11/21/1997 5:06:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 45548
 
What if the OI are all from call writer? Please help.
Thanks in advance.


The MM would like the stock to be within 3/8 point of the strike price with the highest open interest. It is likely there will be short and long positions. The MMs can keep the stock there by either going long or shorting shares close to expiration.

Glenn
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