Telebras (TBH) & Brazil Message Board

STOCKTALK

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.

Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.720

+17.3%

Dec 11 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steve Fancy who wrote (1248)	3/20/1998 1:26:00 PM
From: Doug Chin	of 22640

Question to TBR option traders-Regarding open interest in July calls I haven't been following TBR for long, so perhaps Steve, or any one else trading options in TBR could shed some light... I noticed that the open interest in the July 135 & 150 calls seems to be extremely large. Much larger than any other positions expiry strike open int. (approx.) July 135 28,200 July 150 27,600 Given that each contract is 100/sh these two positions combined make up about almost 5.6M shares and if you wanted to excersise these you would need $800M. Of course you don't need to excercise them....Are open interest positions in TBR like these normal?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next