Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

0.0%

Nov 6 4:00 PM EST

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To: IKM who wrote (5417)	12/31/1997 5:35:00 PM
From: Rational	Read Replies (3) of 27307

IKM: More calls than puts traded today and some calls even went up in price while some puts went down. For example, April 40 calls went up 1 3/4 to 30 3/4, and January 60 Calls went up 4 1/8 to close at 11 1/8. Yahoo! seems to have a lot of muscle! For instance, April 40 Call buyers must be expecting Yahoo!'s price to exceed 40 + 30 3/4 (prm) = 70 3/4 by April 1998. Thus, contrary to talks here, Yahoo! can still rise till April (at least the call buyers must be believing so and brokers who write calls may not care as long as there are enough buyers). Sankar

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