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Technology Stocks : Texas Instruments - Good buy now or should we wait?
TXN 161.21+1.2%Nov 24 3:59 PM EST

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To: pat mudge who wrote (3831)6/23/1998 2:31:00 PM
From: Just_Observing  Read Replies (1) of 6180
 
Why the huge volume of puts on an Up day ??

TI has traded 5815 July 55 puts (Open Interest 7221) and 7311 July 50 puts (13590) by 2:05 EST according to the CBOE. By contrast, the most heavily traded call is July 60 with a volume of 2837 (11671). Are MMs buying TXN stock and hedging their risk with July puts?
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