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Technology Stocks : Open Market (OMKT)

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To: Norm Demers who wrote (850)12/30/1998 2:42:00 PM
From: John F Beule  Read Replies (2) of 2004
 
I've heard the term buying covered calls, because someone owns a stock, doesn't want to sell it, but wants to protect against a stock going down. Is this what the activity suggests, or is this activity one of positioning that you're familiar with (like what you saw with SDTI)?

Thanks,

John B
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