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Technology Stocks : Intel Corporation (INTC)
INTC 50.57+4.8%Feb 6 3:59 PM EST
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To: Cary Knoop who wrote (8427)1/15/1997 11:36:00 AM
From: Ibexx   of 186894
 
Cary,

With the huge open positions of Intel calls (too numerous to list; look up lombard.com, click on quote and then option), the Marker Makers/institutions (who wrote the calls) stand to gain BIG TIME by depressing the stock price, thus rendering many calls expire WORTHLESS.

This has been discussed in detail on this thread. Just turn back the pages.....

Ibexx
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