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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Bald Eagle who wrote (28398)12/19/1997 4:58:00 PM
From: Gary Korn  Read Replies (2) of 61433
 
I was watching CNBC around 1 p.m. EST and they definitely said that options trading stopped at 1 p.m. EST. That's when ASND was around 25.

Wiseowl,

We gotta figure this out. Options trading ends at 1 p.m. (and the stock traded at 25 1/16 at 1 p.m.). Yet it is also said that options "expire" on noon, E.S.T. on Saturday.

What gives? I'm confused (but happy that the stock took off after 1 p.m.).

Gary Korn
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