SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: diana g who wrote (15518)3/19/1998 3:04:00 PM
From: Czechsinthemail  Read Replies (2) of 95453
 
diana,

There is some tendency for stocks to end up at or near option strike prices at expiration. This is due mostly to the hedging and position balancing activities of option traders. I don't know if this is having much impact on FLC or not. There is always the possibility that somebody decided it was undervalued and bought in. It may also be reflecting short-covering, since there has been a lot of negative rumor floating around it recently.

Baird
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News