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Technology Stocks : Compaq
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To: PCSS who wrote (61682)5/19/1999 4:58:00 PM
From: G. H.  Read Replies (3) of 97611
 
Put & Call activity, well I'll take a stab at it. My option screen
shows total volume on the June 25 Puts, for the day, of 5843
contracts, while open interest shows 3977 contracts. If this is right
then I would think that a majority of contracts were closed today,
or bought back. The June 25 Calls showed todays volume of 5522
contracts for a total open interest of 20153 contracts, which imply's
buyers. So while Dell sells off, I believe we have a transfer of
sentiment, or at least I hope so.

Take care

Henry
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