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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: charlie who wrote (5146)12/29/1997 1:27:00 PM
From: IKM  Read Replies (2) of 27307
 
No expert here. I'll hazard a guess that the opposite side of the transaction is more likely someone with a covered call position. What really makes me think someone, a big player someone, is locking in the gain is that why in the world would someone open a position 29 points in the money? There's little of the leverage and all the decaying time risk of options with such a transaction.
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