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Technology Stocks : Ascend Communications (ASND)
ASND 205.72+2.7%12:01 PM EST

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To: Peter Yang who wrote (40258)3/19/1998 6:37:00 PM
From: Gary Wisdom  Read Replies (3) of 61433
 
Re: <<As of today, both March 30 puts and March 35 calls are out of money>>

You're neglecting the fact that the largest call OI is the March 35s at 18542 and the March 35 puts at 7838.

Thus, they will make the most money if the stock closes exactly at $35. That's my bet.

But, then again, I would have NEVER guessed we'd see $31 this week. Guess we'll find out tomorrow.
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