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Technology Stocks : 3DFX

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To: Jay Fisk who wrote (4653)6/25/1998 12:25:00 AM
From: Don Westermeyer  Read Replies (1) of 16960
 
Jay, Oops, I didn't see the time of your message.

I'm pretty sure those puts were bought, not sold. It's hard to tell with the deep in the money puts since they move with the stock price.

I wouldn't read too much into those options trades, but usually when people buy large quantity of puts that is actually considered bullish since put buying is largely regarded as a contrary indicator.
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