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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST
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To: Eric L. who wrote (15840)5/19/1998 2:53:00 PM
From: Mang Cheng  Read Replies (1) of 45548
 
Here we go again ! June 30 calls for coms are again very active - 1200 contracts traded to day at 1 1/4

But last month the May 35 calls were very active but coms tanked.

I think people buy coms calls as insurance for their puts ? Or there are just too many blind speculators who don't really know what they are doing ?

For some other smaller stocks I tracked, usually high calls vol usually means insiders are buying - but not coms ?

cboe.pcquote.com

Mang
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