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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: IKM who wrote (5145)12/29/1997 1:15:00 PM
From: charlie  Read Replies (2) of 27307
 
I am still confused. If the market maker knows that the only purpose of these sales is to lock in the gain, why would he/she be holding these large number of calls? Should he/she sell it right away, or short against that call position? If I understand correctly, a market maker is not supposed to hold a large position for long.

Charlie
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