Ascend Communications (ASND) Message Board

STOCKTALK

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 200.28

-1.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul M. Rengier who wrote (33848)	2/14/1998 9:01:00 PM
From: Glenn D. Rudolph	Read Replies (4) of 61433

Does the above mean, the market makers may wish 30, but they won't reach that goal? Paul, Sorry for the delay. I was away on vacation. The market makers were preferring 30 about two weeks ago but saw the fundamentals drawing the price higher. They were making the 30 options trade with no spread to create profit for themselves and lowered the delta on the 35s. They were trying to get open interest lower on the calls strike 30 and more open interest on the calls strike 35. I see they are being very successful. It also was indicating ASND was going to 35 around expiration but of course, never a guarantee. Glenn

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next