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Technology Stocks : USRX

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To: Adrian Overstreet who wrote (7061)12/19/1996 3:37:00 PM
From: Dwight E. Karlsen   of 18024
 
Adrian,

but aren't there MM's on both sides of 75? It seems like last month the price moved in a different direction by a few points the last couple days before expiration. I personally don't pay much if any attention to that. I'm not saying that options don't affect stock price, just that I can't make sense of the relationship. In this case today we have people sitting on 5, 6, and 7 point gains for the last 3 or so sessions. It's time for short-term traders to bail! The stock is clearly under distribution today: Over 2.M shares vs Avg of 1.8M, with price down 1/2 point from yesterday's close. That's what I pay more attention to.

Dwight
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