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Biotech / Medical : VVUS: VIVUS INC. (NASDAQ)

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To: Matthew P who wrote (8161)5/19/1998 1:54:00 PM
From: bugz  Read Replies (2) of 23519
 
very bullish I think..someone is paying big premium for the right to buy the stock in one month at ten..If their order for 2500 contracts gets filled by the floor(about 1500 have been bought already) of the exchange they will own calls on 250,000 shares which market makers hedge by buying stock..As the stock goes up these sellers of the options will have to buy more and more stock to hedge themselves...
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