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Technology Stocks : America On-Line (AOL)

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To: tang who wrote (10972)4/16/1999 3:23:00 PM
From: KeepItSimple  Read Replies (1) of 41369
 
> how do you find out the 'focus point'

Just look at the options chain. Then look for the point at which the stock price needs to close at in order to make the largest number of options expire worthless. It'll end friday at that point 9 times out of 10.

It's the most obvious example of how markets are manipulated like crazy, but nobody seems to care.
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