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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 98.04+1.8%3:59 PM EST

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To: Gary Wisdom who wrote (16063)2/19/1999 9:57:00 PM
From: MileHigh   of 93625
 
Gary,

Again, why would MS buy March 70 puts and then upgrade the next day, making their puts go down in value? Absolutely makes no sense at all.

I agree.

Scanning the options table, the biggest put position outside of February were the March 85s.

I noticed this as well. Why buy MAR85P and then upgrade when you are in the money!?

MileHigh
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