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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Just_Observing who wrote (29018)	9/1/1999 8:59:00 PM
From: Teflon	Read Replies (3) \| Respond to of 74651

JO, thanks for the insight, but to clarify, that wasn't the question I was asking. The point I was driving towards was that there's really no way to gauge whether this was initiated by the seller or the buyer of the puts, although it's apparent that there are parties on both sides of the fence that are will to bet some large $$$ that MSFT is going north or south. What's significant about this trade is not that it represents a short or long bias for either party, but that it will be very tough to unload their new found position in the puts without working some magic. One side of this transaction is going to lose some serious money before next weeks complete. Teflon