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Technology Stocks : Micron Only Forum
MU 246.95+4.1%Dec 8 3:59 PM EST

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To: DavidG who wrote (29498)3/5/1998 4:59:00 PM
From: Patrick Koehler  Read Replies (4) of 53903
 
All - just downloaded Telescan charts, and I usually download
most of the current options to see unusual action. The Telescan
charts do not include all exchanges, but it is better than nothing.
About 3:18, there was a 1000 contract trade on the Mar 35 puts.
I frankly never get the right read on the move.
(1) Someone is betting that MU is going down.
(2) Someone is betting that MU is going up and has a 100,000 shares, but hedging for the next two weeks with the puts.
If I had the money, I might do either.
Patrick
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