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Technology Stocks : American Power Conversion

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To: Woody_Nickels who wrote (1867)12/17/1997 10:42:00 AM
From: Greg Higgins   of 2574
 
Ken Jordan writes: It's been a rough week for everyone.

Has anyone given any thought to the possibility that this market action might be marketmakers trying to ensure that the stock closes on Friday at exactly 25 there by canceling out a huge number of calls, and most of the puts on this stock? Calls (25/30/35) outnumber puts 7 to 1.
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