Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.01

+1.7%

Nov 26 3:59 PM EST

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To: Finder who wrote (39480)	3/17/1998 11:12:00 AM
From: Sowbug	Read Replies (1) of 61433

I am beginning to wonder if the options players have not picked 30 for expiration. They love to jack this stock around, and I don't think 30 is out of the question. Are we going to start seeing a support effect from writers of puts? Hmmm. I think I just answered my own question. According to CBOE, the open interest for 30 puts is 7.4K, and for 35 it's 8.4K (the largest single put type). So there will probably not be much positive help from them because there's not a pronounced concentration at a single strike price.

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