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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year
PSFT 0.00010000.0%Oct 29 5:00 PM EST

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To: LLCoolG who wrote (3588)11/19/1998 8:15:00 AM
From: Elmer  Read Replies (1) of 4509
 
Hi G,
I checked out the call buying yesterday. The Jan00 25s and Jan00 35 leaps each had about 2,000 contracts trade. The open interest was only about 400 contracts before yesterday.

Two questions. Would that size buy have accounted for most of the move up yesterday and is it likely that this is the same buyer going long on one and shorting the other?

Regards
David
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