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Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Rich Dee who wrote (24423)	11/15/1999 1:51:00 PM
From: Jan Crawley	Read Replies (1) \| Respond to of 27307

Just checked; Yhoo has more than 6K 195 to 210 call contracts traded this morning. that's a 600,000-shares of call pressure. There is hardly any put's contract for the corresponding strikes. So the call buyers are -- 1. Short-covering 2. Thinking a double by tomorrow or Wednesday. If this is the case, then they need Yhoo $215/$220 for the double. So, imo, pending to buy 5 or 10 Yhoo-Nov-$200/$205 put contracts for $2 should be a low stress and low key short-term play. ps. I just got 3 Yhoo-Nov-195 puts at $2. I was pending for 6 but only 3 was filled.