SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ascend Communications (ASND)
ASND 208.57+4.1%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jan Crawley who wrote (34518)2/12/1998 12:34:00 PM
From: Bald Eagle  Read Replies (4) of 61433
 
<<Love to hear some options-influenced-movements analysis/guess from experts on this thread.>>
I'm not an expert by any means, but I'll give you my guess.
Someone posted recently that there are a lot more option at the strike price of 30 versus the strike price of 35.
There is a theory ( I saw it on the SUNW thread ) that the price
of a stock at options expiration tends towards the price at which
most pain is inflicted i.e. the price at which most options expire
worthless. If this holds true, ASND should be at +/- 30 on the close on Feb 20th. Of course, this doesn't always happen, but I hope it does, then I can buy back at close to 30.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext