Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 201.08

+2.6%

3:59 PM EST

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To: djane who wrote (44578)	4/16/1998 11:12:00 AM
From: gbh	Read Replies (2) of 61433

Question for some knowledgeable options guy/gal: Can someone please explain to me the theory behind the supposed expiration week "gravity" pull of a stock to the strike with the largest open interest? I've seen it stated and explained here many times but I guess I'm just too ignorant, and need it one more time. It sure does seem that ASND and CSCO are gravitating toward the 40 and 70 strike. Thanks.

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