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Technology Stocks : PairGain Technologies

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To: porcupine --''''> who wrote (20827)	2/20/1998 9:16:00 PM
From: helkel	Read Replies (2) of 36349

huge volume on april 17.5 puts (1100) contracts that is bullish if sold, bearish if bought not sure what is going on, but if pair goes back to 15-17 level this person makes a mint anyone have any thoughts about the volume.... also, a close at 20.5 is still option related becuz i dont think (and i owned and sold some) the feb 20 calls never fell below .375 or .4375 or so (and thats on the bid) thus the sellers almost always got their .5 (above 20 strike) dollar back.... sippin a cold schlitz and watching mr rukeyser hk

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