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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (57504)8/20/1999 9:22:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
delta hedging is the culprit...sellers of naked calls buy the underlying shares to hedge their exposure; usually that guarantees at least some measure of post expiration pressure.