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Technology Stocks : Western Digital (WDC)
WDC 270.16+7.9%3:59 PM EST
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To: William L. Vu who wrote (8930)3/12/1998 9:21:00 PM
From: Thead  Read Replies (2) of 11057
 
Yes, please understand that the options traded were closing out march 17 1/2 calls that were SHORT (they bought those back) and selling april 17 1/2 calls to OPEN. This can be done for a variety of reasons but is not usually long term bullish.

I am long the stock and optimistic for other reasons...but not based on this option trade.
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