SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : STAR Telecommunications (STRX)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Terp who wrote (387)9/29/1998 2:27:00 PM
From: Spaw  Read Replies (1) of 780
 
Terp,
No doubt.
Another phenomenon I am tracking is the simultaneous closing and opening, (or rolling) of a large put position on expiration day. This month it was the Sept. 20 puts closing, with the Oct. 15 puts opening. There are 3,984 Oct. 15 put contracts open now.
I figure the party selling those puts wants the stock under 15, but I could be wrong. It might be purely a hedge, or even something more complicated... like a short stock, short put strategy. Who knows.

You are right about the manipulation. The stock is getting jacked around and we are really getting fed up with the b!@#$%t.

--spaw--
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext