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Technology Stocks : Altaba Inc. (formerly Yahoo)
AABA 19.630.0%Nov 6 4:00 PM EST

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To: Mama Bear who wrote (3822)12/7/1997 9:50:00 PM
From: LRS  Read Replies (4) of 27307
 
Barb!

Is that you out there buying 1350 YHOO April40call contracts on Friday?

Everybody THINK before you go too long. Institutions are pushing this stock up so that they can sell (not buy) lots of expensive calls. (Peter and William will tell us that this is just "smart" money out there buying calls priced at $20 bucks!)

And no, they are not cashing in calls that they purchased at $2--the open interest is only 224 contracts.
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