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 : Xylan
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Finley who wrote (3437)11/12/1998 12:18:00 AM
From: Gary Korn  Read Replies (2) of 4135
 
I would like to think that options expiration pressure won't affect this stock, but it always seems to have some bearing. Given that, I'm wondering whether the sizeable open interest for November 15 and 17 1/2 calls will pressure XYLN down towards 17 1/2 come next Friday, October 20?

By the way, I see that huge trade of 500 December 17 1/2 puts apparently combined with 500 December 20 calls. I'm guessing that someone sold the puts to pay for the calls (they cost about the same, about 1 1/4 points). That would be a bullish position on essentially 100,000 shares of stock (50,000 naked put shares and 50,000 call shares). Maybe this trader is expecting something to happen.

Gary Korn
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News