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Technology Stocks : DELL Bear Thread
DELL 129.23+0.6%2:09 PM EST

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To: LiveWire who wrote (453)4/16/1998 7:21:00 PM
From: Ally  Read Replies (2) of 2578
 
CBOE site. The contracts most likely to put pressure are ones close to today's $67.5 closing price:

Calls: sell short anywhere above strike price

Apr 70 - 20,837
Apr 67.5 - 8,497
Apr 65 - 13,873

Puts: buy long anywhere below strike price

Apr 70 - 4,313
Apr 67.5 - 3,029
Apr 65 - 13,403

More calls than puts, therefore price pressure downwards.
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