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Technology Stocks : CustomTracks Corporation (CUST) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (824)6/17/1999 1:11:00 PM
From: Land Shark  Respond to of 2514
 
Where would be the Maximum pain point? All those puts would put it at around $35, which should be the closing price tomorrow.



To: Tom Hua who wrote (824)6/17/1999 2:58:00 PM
From: byhiselo  Respond to of 2514
 
Tom, Gotta Agree

they're holding it steady around $35. Keeping some powder dry for any strength, otherwise shorting more tomorrow towards the close.

Cheers



To: Tom Hua who wrote (824)6/17/1999 4:00:00 PM
From: Yitz  Read Replies (1) | Respond to of 2514
 
Tom:

>>look at the options open interest can give you a good idea on
>>the MMs action today and option expiration tomorrow.

Could expound a bit more on this - I'd like to understand the mechanics of it. Sounds like very important information to be aware of.

Thanks,
Yitz




To: Tom Hua who wrote (824)6/17/1999 4:26:00 PM
From: genejockey  Respond to of 2514
 
Hiya Tom, yes could you please elaborate on the info. I'm curious on what type of $ are at stake -just on those contracts- for the MM's if CUST finishes at 35 on Friday versus say 32. Thnx----g



To: Tom Hua who wrote (824)6/18/1999 2:57:00 PM
From: genejockey  Read Replies (2) | Respond to of 2514
 
Tom, I've never traded options so I'm trying to get an idea of how many $ are at stake here. Is that a relatively large amount of puts at the 35 strike price? Thanks---Not Howie