Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: jbn3 who wrote (137131)	7/20/1999 1:03:00 PM
From: GVTucker	Read Replies (2) \| Respond to of 176387

jbn3, RE: 1. Do you know of a location which provides the status (Issuing company, number of outstanding contracts and expiration) of these options? 2. Or are they just grouped within the options data provided on the CBOE? There is no publicly available information along the lines of what you're looking for. Because these options are over the counter, the CBOE has nothing to do with them. The only information that is out there is whatever any individual company chooses to disclose, similar to DELL's 10-K disclosures. 3. Do you know of a way to see when they are issued and expire? 4. Do you know of a way to find out which financial institutions are buying / selling / holding these equity instruments? If you're another institution that deals with these instruments, sometimes you can glean a little information from somebody in the OTC options department. But that's about it. 5. Could you define the term net share settlement in layman's terms? I'm not altogether confident that I could define the term in professional's terms, much less layman's terms, as this term could mean different things for different situations, and I've never personally worked at an OTC options desk. I can only guess that the reference here relates to Dell's ability to aggregate all of the option related contracts. Thus, if an employee (who is long a call) chooses to exercise and an institution who is long a put also chooses to exercise, perhaps Dell can simply act as a broker and transfer the stock rather than simultaneously buy and sell.