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Technology Stocks : Loral Space & Communications

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To: Doug DuBois who wrote (2248)3/16/1998 10:19:00 AM
From: Geoff  Read Replies (2) of 10852
 
This a post about the LEPAS I just put on AOL.

==========

One last bit on the LEAPS from me. This discussion has been extremely
informative, and a little confusing, but nonetheless, valuable. (As
of this morning, before trading)

2000s Calls - Open Interest Puts - Open Interest
Jan 17.5 247 190
Jan 20 1723 280
Jan 22.5 88 40
Jan 25 1121 62
Jan 30 1509 35
Jan 35 31 0

Looking at the open interest in the Jan 2000s, it is quite easy to see
that there is a very strong bullish sentiment, almost to the point of
excess. Don't get me wrong, I like it, and it seems that a lot of
others share the feeling that LOR is going to be trading substantially
higher than it is today. This really is quite lopsided.

geoff
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