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 : Network Associates (NET)
NET 225.80-3.9%Nov 12 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AlienTech who wrote (4523)3/26/1999 8:40:00 PM
From: Chuzzlewit  Read Replies (3) of 6021
 
Wonder why someone would buy 1000 APR 30 puts for 125k and dump some shares to tank the stock 2 points.

Typical bearish position. Look at it this way: the lower the price of the stock the higher the value of the put. So, buy the put, sell the stock and sell the put. But I would think you would need a lot of stock to push the price around, and this strategy really depends on having bought the stock at a lower price. Why do you think the same person did both trades?

TTFN,
CTC
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